Creighton Street, Halifax Peninsula

Description

Many real estate listings claim to offer a rare opportunity, but this one is truly uncommon. Not only is a chance to build a custom house on Halifax Peninsula infrequent, finding a vacant lot without having to first take down an expired building is even rarer, which is why acquisition costs tend to be high. Not since 2021 has a vacant lot on the Peninsula sold for less than $320,000. The ability to have on-site parking (and EV charging) in the oldest neighbourhood on the peninsula, where there are an abundance of row houses and small lots, makes this offering additionally valuable. Whether you want to call a new building skinny, laneway, or micro, there are lots of examples of creative designs for a narrow lot. History proves this point: an 1895 fire insurance map from Halifax Archives shows a 2 story dwelling on the site that was also used as a store. This lot is slightly irregular with deed measurements of 16 feet 2 inches along Creighton, 95 feet deep on both sides, and 15 feet along Gerrish Lane, but also potentially provides 2 options for siting a building and on-site parking - either backing or fronting onto Gerrish Lane or Creighton Street. *Siting and building are subject to HRM zoning bylaws and National Building Codes.* If building a single unit, the maximum lot coverage is 40%, whereas if building more than 1 unit (max 2), lot coverage is 60%, PLUS a 'backyard garden suite' can be added beyond the lot coverage restriction and maximum unit count. Infill, density, and creativity within constraints call upon the bold and imaginative to take action. OG House at 2486 Creighton St is as an example of what creativity on a narrow lot can achieve. Also 2363 Creighton, built in 2022, is 3 stories with 1,840 SF of living space on a 2,385 SF lot. Note: 2357-2359 Creighton St, the adjacent 2-unit over/under set of flats, is also for sale so can be purchased in tandem with the vacant lot (see MLS 202504335).