173 St Margarets Bay Rd 0.75 Acres of Residential Land Offered at $2,899,990 CAD in Halifax, NS B3N 1J2

This property offers a rare development and investment opportunity along Halifax’s well-connected St. Margaret’s Bay corridor. Comprising two PIDs totaling approximately 0.75 acres, the site is supported by an approved Development Agreement enabling subdivision into multiple parcels. This framework allows for diverse configurations, including the creation of additional duplex structures and high-quality townhouse-style units, while maintaining legal use of the existing over-under duplex for interim income generation.
The location benefits from significant connectivity to core trade routes and central Halifax. Situated minutes from downtown, this corridor is positioned for continued urban density expansion under municipal growth policies. Nearby infrastructure includes public transit links, arterial roadway access, retail services, and recreation amenities, reinforcing strong demand drivers for residential product in this market.
Whether leveraged as a phased infill development or a long-term land bank strategy, this asset supports multiple exit scenarios and forward-looking potential. With its established holding income, pre-negotiated planning flexibility, and proximity to key economic anchors, this property is uniquely suited for builders, residential developers, and investors seeking scalable projects in the Halifax market.