For Sale: 173 St Margaret's Bay Road, Halifax, NS - REW
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$2,800,000
0 bd • ba • sf • Land/Lot
173 St Margaret's Bay Road
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$2,800,000

173 St Margaret's Bay RoadHalifax, NS, B3N 1K8

Armdale
  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

Welcome to 173 St. Margarets 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 HRMs 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. Margarets Bay Road is your next purchase! Contact your REALTOR® today for full development agreement documentation and site plans. (id:63626)
Listed by: Alex Tattrie, Century 21 Trident Realty Ltd.

Home facts and features

Price details
List Price
$2,800,000
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Paved Yard, Parking Space(s), Interlocked
Property Type
Land/Lot
Lot Size
0 ft²
Depth
Title
Freehold
Features
Partially cleared, Sloping, Treed
Community
Agent details
Primary Agent
Primary Broker
Century 21 Trident Realty Ltd.
Secondary Agent
Secondary Broker
Century 21 Trident Realty Ltd.
Listing details
Days on REW
2 Days
MLS® Number
202627433
Source
Canadian Real Estate Association
Board
Nova Scotia Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St. Agnes Junior High School
  • n/a
  • 7 - 9
  • In Catchment
Springvale Elementary School
  • n/a
  • K - 6
  • In Catchment
Westmount Elementary School
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  • K - 6
  • In Catchment
St. Catherine's Elementary School
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  • K - 6
  • In Catchment
Sir Charles Tupper School
  • n/a
  • K - 6
  • In Catchment
Oxford School
  • n/a
  • K - 9
  • In Catchment
Halifax Central Junior High School
  • n/a
  • 7 - 9
  • In Catchment
Lemarchant-St. Thomas Elementary School
  • n/a
  • K - 6
  • In Catchment
Highland Park Junior High School
  • n/a
  • 7 - 9
  • In Catchment
Joseph Howe Elementary School
  • n/a
  • K - 6
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Alex Tattrie
Phone:
(902) 802-4623
Office:
902-434-9090
Tony Zareski
Phone:
(902) 449-5752
Office:
902-434-9090
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