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(902) 523-3414
Real Estate Company
173 St Margaret's Bay Road, Halifax, NS B3N 1K8
- $2,800,000
- 3
- BD
- List Price
- $2,800,000
- Status
- ACTIVE
- MLS#
- 202627434
- Bedrooms
- 3
- Lot Size (Acres)
- 0.7494
- Year Built
- 1909
Property Description
Welcome to 173 St. Margaret’s Bay Road. This rare 32,000+ sq. ft. parcel presents an exceptional development opportunity in a prime location. The property features an approved development agreement allowing the parcel to be subdivided into 5 separate lots. The approved plan accommodates the construction of a new luxury duplex, three townhouses, and the conversion of the existing garage into a detached backyard suite. Along with the existing beautiful historic over/under duplex, "The Craigmore," the approved plans yield a total of 8 units! "The Craigmore" provides valuable income from day one while you plan and execute your build. This development agreement predates HRM’s Housing Accelerator Fund (HAF) initiatives, forward-thinking buyers have an exciting window to explore additional density potential as municipal planning guidelines continue to evolve. Situated just a stone's throw from the Northwest Arm and within easy walking distance of local shops, dining, parks, and trails, opportunities of this scale and flexibility are few and far between. Whether you are a builder ready to break ground or an investor seeking prime land with immediate income, 173 St. Margaret’s Bay Road is your next purchase! Contact your REALTOR® today for full development agreement documentation and site plans.
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Additional Information
- Area
- Halifax - Dartmouth
- Foundation
- Block
- Community Features
- Golf, Marina, Park, Place of Worship, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping
- Features
- Ensuite Bath
- Basement
- Finished
- Appliances
- Stove, Refrigerator
- Flooring
- Carpet, Hardwood, Tile
- Exterior Finish
- Shingle Siding
- Parking Features
- Interlocking, Driveway, Parking Spaces(s), Paved, Other
- Roof
- Asphalt
- Utilities
- Cable Connected, Electricity Connected
- Water Source
- Municipal
- Sewer
- Municipal
- Elementary School
- Springvale Elementary School
- Middle School
- St Agnes Junior High School
- High School
- Citadel High School
- Appliances
- Stove, Refrigerator
- Zoning
- R2
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Listing courtesy of Century 21 Trident Realty Ltd..