Prime Development Opportunity in the Heart of the Halifax Peninsula An exceptional opportunity awaits with this vacant 5,990 sq. ft. lot located in one of Halifax’s most desirable and rapidly evolving neighbourhoods. Perfectly positioned on the Peninsula, this property offers the ideal canvas for your next project—whether that’s a custom-built dream home or a multi-unit rental development. Zoned HR-1 (Higher-Order Residential), the site permits low- to mid-rise multi-unit residential construction, making it a rare and highly versatile investment. The zoning flexibility opens the door to a wide range of development possibilities in a location where demand for housing continues to grow. Currently leased as a parking lot, the property generates consistent rental income, providing financial security while you plan and pursue development approvals. Opportunities like this—offering both immediate income and future potential in a central urban location- are increasingly hard to find. Don't miss your chance to secure a piece of Halifax's thriving future.
Data was last updated April 15, 2026 at 07:20 AM (UTC)
Area Statistics
Listings on market:
401
Avg list price:
$134,000
Min list price:
$10,000
Max list price:
$15,480,000
Avg days on market:
141
Min days on market:
1
Max days on market:
2,295
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by
the MLS® system.