125 m
Distance
Positioned on a generous parcel along sought-after St. Margarets Bay Road, this rare offering presents a compelling blend of immediate income, approved development potential, and long-term upside. The historic residence known as Craigmore sits on a property now supported by an approved Development Agreement, enabling subdivision into five distinct lots and the construction of a luxury duplex, a substantial three-unit townhome, plus the opportunity to add an additional unit by converting the existing detached garage. Importantly, the Development Agreement predates the Housing Accelerator zoning changes, offering prospective purchasers the potential to explore enhanced density options as planning policies evolve. The existing structure is a legal over-under duplex with established tenants, providing stable holding income while future plans are realized. Steeped in local history, Craigmore was originally built in 1908 and reflects classic Arts & Crafts / Cottage architectural influences. Mature landscaped grounds, stone walls, and winding garden pathways contribute to the propertys timeless character and enduring curb appeal. A bronze plaque at the entrance commemorates its Gaelic name, meaning solid rock, a fitting tribute to both its heritage and its enduring presence within the North West Arm community. This is a rare opportunity to secure a strategically located development site with approved entitlements, current revenue, and meaningful future potential. Ideal for investors, builders, or developers seeking to create a signature residential enclave in one of Halifaxs most desirable corridors.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Halifax, NS area.
78/100
Very Walkable
Walk Score ®
57/100
Good Transit
Transit Score ®
44/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.
15 nearby routes: 15 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 48/100, Bike Score: 44/100.
Source: Realty.com
173 St Margaret's Bay Road, Halifax NS B3N 1K8, Halifax, NS B3N 1K8 in Halifax, NS B3N 1K8 is a unimproved land listed at $2,899,900. Highlights include 0.75 acre lot. Realty.ca has 17 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 17 photos of 173 St Margaret's Bay Road, Halifax NS B3N 1K8.
The full address for this home is 173 St Margaret's Bay Road, Halifax NS B3N 1K8, Halifax, NS B3N 1K8.
173 St Margaret's Bay Road, Halifax NS B3N 1K8 has been listed on Realty.com since Fri March 27, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 48/100, Bike Score: 44/100.
Listing provided courtesy of:
Engel & Volkers
(tel: 902-422-5552)
Listing agent:
Christopher(chris) Harding
(tel: 902-222-4440)
This content last refreshed on 2026-06-07 22:02:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.