Vacant Development Lot in Desirable Halifax Peninsula

CAD $949,900 (USD $680,434) *current conversion
5686 Charles Street, Halifax, Nova Scotia, B3K 1K4, Canada

Property Highlights

  • Vacant 5,990 sq. ft. lot
  • Located in Halifax Peninsula
  • Zoned HR-1 for residential use
  • Permits multi-unit developments
  • Generates rental income as parking lot
  • Central urban location

Overview

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.
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Property Features

5686 Charles Street, Halifax, Nova Scotia, B3K 1K4, Canada offers the following features:

Property Type: Residential For Sale
Status: Active
Reference ID: 19306-202508020

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