Craigmore: A Unique Investment with Endless Potential.
Embrace a truly remarkable development opportunity nestled in the heart of Halifax! This expansive property currently hosts a historic gem known as “Craigmore”. Now with an approved Development Agreement in place, this property is primed for exciting possibilities of expansion and/or subdivision. It's worth noting that this development agreement was submitted prior to the Housing Accelerator zoning changes, potentially opening avenues for additional density should a purchaser wish to explore further opportunities. This agreement permits the subdivision of the property into five lots, with the right to constructing a luxurious duplex, along with a sizeable three-unit townhome and add an extra unit by converting the existing detached garage. The current existing home is a legal over/under duplex with tenants. This provides an
investor a piece of mind with an “as of right”, but still welcomes their creativity to determine the highest and best use to suit their portfolio. In 1908, Margaret MacDonald bought two lots on St. Margaret's Bay Road in North West Arm and built a house where she lived until her death in 1938. Victoria and Daniel Scouler purchased Craigmore in 1938. Daniel was a prominent figure in Halifax's shipping industry, serving as superintendent of the Halifax Shipyards for 39 years. Craigmore, meaning "solid rock" in Gaelic, is inscribed on a bronze plaque at the entrance. The house features Arts and Crafts/Cottage architecture and is utilized as a legal duplex with over/under flats, Craigmore radiates prestige, with mature gardens, stone walls, and enchanting walkways adding to its allure. Lots of opportunity here for all investor classes.
investor a piece of mind with an “as of right”, but still welcomes their creativity to determine the highest and best use to suit their portfolio. In 1908, Margaret MacDonald bought two lots on St. Margaret's Bay Road in North West Arm and built a house where she lived until her death in 1938. Victoria and Daniel Scouler purchased Craigmore in 1938. Daniel was a prominent figure in Halifax's shipping industry, serving as superintendent of the Halifax Shipyards for 39 years. Craigmore, meaning "solid rock" in Gaelic, is inscribed on a bronze plaque at the entrance. The house features Arts and Crafts/Cottage architecture and is utilized as a legal duplex with over/under flats, Craigmore radiates prestige, with mature gardens, stone walls, and enchanting walkways adding to its allure. Lots of opportunity here for all investor classes.
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Presented by
Chris Harding
+1 (902) 222-4440
Tina Prinsenberg
+1 (902) 209-2247
Listing Highlights
Subtype
Multi FamilyView
OceanYear Built
1908Stories
3Lot Size Acres
0.749Lot Size (Sq Ft)
32,644 sq.ftHeating
Floor Furnace, Hot Water, Radiant, Fireplace(s), DuctlessCounty
Halifax
Property Details
- Interior Features
- Bedrooms: 3
- Basement: [object Object]
- Basement Description: Finished
- See Remarks
- Storage
- Flooring: Carpet, Hardwood, Tile
- Cooktop
- Dishwasher
- Dryer
- Washer
- Refrigerator
- Heating: Floor Furnace, Hot Water, Radiant, Fireplace(s), Ductless
Bedrooms
Other Rooms
Interior Features
Appliances
Heating & Cooling
- UtilitiesUtilitiesCable Available, Cable Connected, Phone Connected, Electricity ConnectedWater SourcePublicSewerPublic Sewer
- Exterior FeaturesPatio And Porch FeaturesDeck, Patio
- ConstructionProperty TypeResidential IncomeConstruction MaterialsShingle SidingFlooringCarpet, Hardwood, TileYear Built1908Property SubtypeMulti FamilyFoundation DetailsBlock, Concrete PerimeterRoofMetal
- ParkingParking FeaturesDriveway, Paved, Other
Location
- NS
- Halifax
- B3N 1K8
- Halifax
- 173 St Margaret's Bay Road
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CAD $18,673.75
This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
The above information is from sources deemed reliable but it should not be relied upon without independent verification. NSAR IDX Reciprocity listings are displayed in accordance with NSAR’s IDX Agreements and property information is provided under copyright© by the Nova Scotia Association of REALTORS®.
Updated: April 26, 2025 12:40 PM
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