



1/5Lot 16 Lake Ridge Drive, Italy Cross, NS B4V0M6
$50,000 total
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Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
97%
Lot Size
1.6141 ac
Discover Bear Sky Estates, a new residential community nestled among the treed landscapes of Italy Cross and the natural beauty of Wallace Lake on Nova Scotias South Shore. With a limited collection of residential lots and select waterfront opportunities, Bear Sky Estates offers the chance to create a home surrounded by nature, space, and a slower pace of life. A defining feature of this lot is deeded access to Wallace Lake, making it easy to embrace an outdoor, four-season lifestyle. Enjoy peaceful mornings by the water, summer days on the lake, evenings gathered with family and friends, or simply the beauty and tranquility of your natural surroundings. Each lot offers something unique, from quiet wooded settings to lake views and select waterfront locations. Thoughtfully planned for privacy and connection to the landscape, Bear Sky Estates provides an ideal setting for your own private retreat. Lot 16 also has a driveway off Italy Cross Road approved. A preferred builder is available to help buyers explore home designs and packages suited to each lot. Whether youre looking for a modern year-round residence, a weekend getaway, or a home designed for family and entertaining, there are opportunities to create a space that reflects your vision and complements its surroundings. Life here extends beyond your property line. Crescent Beach and Bridgewater are approximately 13 minutes away, while Liverpool is about 23 minutes away. Nearby LaHave, Mahone Bay, and Lunenburg offer beaches, trails, local shops, waterfront communities, dining, and endless opportunities to explore the South Shore. Bear Sky Estates is more than a place to buildits an opportunity to live closer to nature and make the South Shore lifestyle part of everyday life. Find your place at Wallace Lake. Build your home. Live the Bear Sky Estates lifestyle. (id:66811)
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Monthly debt service
$231
Projected NOI
$2K
Annual cash flow
$-806
Cash-on-cash
-5.38%
DSCR
0.71
Going-in cap
3.93%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
47,468
Households
18,248
Median income
$88,000
Median age
42.1
Daytime population
61,654
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Lot 16 Lake Ridge Drive, Italy Cross.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.