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173 St Margaret's Bay Road Halifax, Nova Scotia B3N 1K8

Air Conditioned Furnace, Heat Pump, Ductless, Hot Water, Radiator

$2,800,000

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:29604)

Property Details

MLS® Number 202627434
Property Type Other
Community Name Halifax
Amenities Near By Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship
Community Features Recreational Facilities, School Bus
View Type Harbour, Ocean View

Building

Constructed Date 1909
Cooling Type Air Conditioned
Exterior Finish Wood Shingles
Flooring Type Carpeted, Hardwood, Tile
Foundation Type Block
Heating Fuel Electric, Oil, Wood
Heating Type Furnace, Heat Pump, Ductless, Hot Water, Radiator
Type Other
Utility Water Municipal Water

Parking

Interlocked
Parking Space(s)
Paved Yard
Other

Land

Acreage No
Land Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.7494
Size Total 0.7494 Ac
Size Total Text 0.7494 Ac

Utilities

Cable Available Unknown

https://www.realtor.ca/real-estate/30483007/173-st-margarets-bay-road-halifax-halifax

Interested?

Contact us for more information


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Alex Tattrie

(902) 802-4623
https://alex-tattrie.c21.ca/

Century 21 Trident Realty Ltd.
796 Main Street, Dartmouth
Halifax Regional Municipality, Nova Scotia B2W 3V1

(902) 434-9090
(902) 434-9764
https://tridentrealty.c21.ca/

Tony Zareski

(902) 449-5752
(902) 407-9762

Century 21 Trident Realty Ltd.
796 Main Street, Dartmouth
Halifax Regional Municipality, Nova Scotia B2W 3V1

(902) 434-9090
(902) 434-9764
https://tridentrealty.c21.ca/

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