Prime Timberlea Development Opportunity – 5 Units Permitted This 7,635 sq. ft. lot at 1988 St. Margaret’s Bay Road, Timberlea, offers an exceptional residential development opportunity. With 60 feet of frontage, HRM has confirmed that five residential units may be developed on the property. A design is available if required, providing a valuable head start for developers looking to move forward with a multi-unit residential project. Ideally located just steps from the Rails to Trails, close to Brunello Golf Course and the new Mayflower Curling Club, the property combines strong development potential with access to recreation and community amenities. Bayers Lake is only minutes away, while downtown Halifax is approximately 15 minutes by car. Whether you're a seasoned developer or an investor looking for your next project, this is an opportunity worth exploring. With five units permitted and design plans available, you can move quickly on a property with significant potential. Opportunities like this in a growing Timberlea location don't come along often.
Data was last updated September 30, 2026 at 05:20 PM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$249,900
Min list price:
$65,000
Max list price:
$1,999,900
Avg days on market:
125
Min days on market:
1
Max days on market:
1,437
These statistics are generated based on the current listing's property type
and located in
40-Timberlea, Prospect, St. Margaret's Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.