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Vanda Jackson

realtorvandajackson@gmail.com +1(902) 719-9558

Listed by Alex Tattrie • Century 21 Trident Realty Ltd.

$ 2,800,000

Est. payment | -/mo

3 Beds

0.75 Acres Lot

Save

$ 2,800,000

Est. payment | -/mo

Save

3 Beds

0.75 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family (Other)

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202627434

Bedrooms 3

HOA Y/N No

Year Built 1909

Lot Size 0.749 Acres

Acres 0.7494

Property Sub-Type Multi Family (Other)

Source Nova Scotia

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.

Location

Province NS

County Halifax

Area 8-Armdale/Purcell'S Cove/Herring Cove

Zoning R2

Region Halifax - Dartmouth

City Region Halifax - Dartmouth

Rooms

Basement Finished

Interior

Interior Features Ensuite Bath

Heating Fireplace(s), Furnace, Ductless, Hot Water, Radiator

Cooling Air Conditioning

Flooring Carpet, Hardwood, Tile

Equipment No Rental Equipment

Fireplace Yes

Appliance Stove, Refrigerator

Exterior

Community Features Golf, Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship

Utilities Available Cable Connected, Electricity Connected

View Y/N Yes

View Harbour, Ocean

Roof Type Asphalt

Garage Yes

Private Pool No

Building

Lot Description Under 0.5 Acres

Foundation Block

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools Springvale Elementary School

Middle Schools St Agnes Junior High School

High Schools Citadel High School

Others

Ownership Freehold

ParcelsYN No

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(902) 719-9558

realtorvandajackson@gmail.com

800-1701 Hollis Street, Halifax, NS B3J 3M8, CAN

Learn More About LPT Realty

173 St Margaret's Bay Rd Halifax, NS B3N 1K8