For Sale · Specialty

Lot 5 Larry Uteck Boulevard, Bedford

Lot 5 Larry Uteck Boulevard, Bedford, NS B4B1E2

$2.0M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

Year Built

2026

Lot Size

7.6989 ac

About this property

Exceptional Real Estate Opportunity: 7.7 Acres on Larry Uteck with BW-HR2 zoning in Bedford, NS Positioned squarely in the center of the Halifax Regional Municipalitys fastest-growing corridor, this 7.7 acre prime land parcel along Larry Uteck Boulevard in Bedford, Nova Scotia, represents a rare flagship development opportunity. Highlighting exceptional road frontage and maximum visibility along a primary artery. The surrounding community of Bedford has experienced unprecedented growth over the last five years, consistently setting record population inflows driven by interprovincial relocation and international arrival. As part of Halifaxs rapid expansion toward a half-million residents, the Larry Uteck area has emerged as the premier node for affluent families, young professionals, and vibrant commercial enterprise. Nearby provincial housing initiatives and municipal master plans continue to channel thousands of new residents into this immediate trade area, ensuring sustained high demand for services and housing. Whether your vision calls for high-density multi-family residential apartments, townhome communities, or a dynamic mixed-use town center, this footprint easily accommodates your ambitions. Situated just 15 minutes from downtown Halifax, 20 minutes from Halifax Stanfield International Airport, and minutes from Highway 102, the site offers unmatched regional connectivity alongside proximity to top-tier schools, parks, and retail amenities. Capitalize on Bedfords historic trajectory and secure one of the last large-scale, parcels along the Larry Uteck strip. All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer is advised to independently verify all measurements, zoning, permits, property taxes, and material facts. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.00M
Down payment30% · $600K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$126K

Annual cash flow

$16K

Cash-on-cash

2.62%

DSCR

1.14

Going-in cap

6.33%

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.

Area demographics

Trade area within 3 miles of the property.

Population

67,430

Households

31,575

Median income

$130,000

Median age

38.5

Daytime population

98,163

5-yr growth

1.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Lot 5 Larry Uteck Boulevard, Bedford.

NDA required
  • 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.