REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tom Moore

tom.moore@exprealty.com +1(902) 440-1639

Listed by Christopher(Chris) Harding • Engel & Volkers

$ 2,899,900

Est. payment | -/mo

3 Beds

0.75 Acres Lot

Save

$ 2,899,900

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 202605686

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

Positioned on a generous parcel along sought-after St. Margaret's 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 property's 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 Halifax's most desirable corridors.

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 Dining Room, Ensuite Bath, Family Room, Secondary Suite, See Remarks, Storage

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

Cooling Air Conditioning

Flooring Carpet, Hardwood, Tile

Fireplaces Type Fireplace(s)

Inclusions Standard Appliances, All Exterior Structures

Equipment Oil Tank Rented

Fireplace Yes

Appliance Stove, Dishwasher, Dryer, Washer, Refrigerator

Laundry Laundry

Exterior

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

Utilities Available Cable Connected, Power, Phone Connected, Electricity Connected

View Y/N Yes

View Harbour, Ocean

Roof Type Metal

Porch Deck, Patio

Garage Yes

Private Pool No

Building

Lot Description 0.5 to 0.99 Acres

Story 3

Foundation Block, Concrete Perimeter

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

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(902) 440-1639

tom.moore@exprealty.com

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