Overview
Description
Welcome to 5 Penny Avenue - a fantastic opportunity to shape your future by working with the existing home or to take a forward looking view towards development. This original 1,381 sf single family home features 3 Bedrooms, 1 Bathroom and it sits on a generous +/- 6,534 sf lot. A quick drive in the immediate area will have you convinced what this 'Penny' can become and why others are building and investing in this area of our city. A transformation is underway. R-2P zoning provides flexibility to develop a duplex, semi-detached home or the lot can potentially be subdivided. For those looking to develop a larger concept the adjacent vacant lot (Lot 102, sold separately; see MLS# 202509968) is also available to create combined land holdings of +/- 12,632 sf. This location is moments from great parks, trails, shopping, transit and downtown.
Contact us about this listing & It's History
Neighborhood Information
Halifax, NS
Halifax, Nova Scotia is a vibrant city with a rich history and a strong sense of community. It's located on the eastern coast of Canada and is known for its scenic waterfront, historic architecture, and lively arts scene. The city is surrounded by natural beauty, with numerous parks, beaches, and hiking trails, making it a great place for outdoor enthusiasts. The downtown area is full of trendy shops, restaurants, and bars, offering a variety of entertainment options. On the downside, the cost of living is higher than in some other Canadian cities, and the weather can be unpredictable, with cold winters and foggy summers.
One of the city's main attractions is the historic Citadel Hill, a star-shaped fort that offers panoramic views of the city. The Halifax Public Gardens, a Victorian-era garden, is another popular spot, as is the Maritime Museum of the Atlantic, which features exhibits on the city's maritime history. Halifax is also home to several universities, including Dalhousie University and Saint Mary's University, adding a youthful energy to the city.
The city's population is approximately 403,131, making it the largest city in Atlantic Canada.
85
Compared to other cities in Canada, Halifax offers a unique blend of history, culture, and natural beauty, making it a desirable place to live. The city's strong sense of community, vibrant arts scene, and numerous outdoor activities contribute to its appeal. However, the higher cost of living and unpredictable weather can be drawbacks. Overall, the city scores a 85 out of 100.
Search Nearby Activities88
The education system in Halifax is highly regarded, with a range of quality public and private schools, as well as several universities. Compared to other Canadian cities, Halifax scores an 88 out of 100 for its schools.
Search Nearby Schools80
Halifax offers a variety of entertainment options, from its lively arts scene to its numerous bars and restaurants. Noteworthy options include Neptune Theatre, the oldest professional theatre company in Canada, and The Oval, a large outdoor skating rink. The city scores an 80 out of 100 for entertainment.
Search Nearby Restaurants90
Halifax offers a range of outdoor activities, from hiking trails to beaches, making it a great city for nature lovers. Compared to other Canadian cities, Halifax scores a 90 out of 100 for outdoor activities.
Walk Score - 56%Map
Similar Properties
Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.Mortgage Calculator
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Property Details
| On Market Date | 2025-05-06T14:18:01.3 |
| Off Market Date | 2025-07-04 |
| Status | CONDITIONAL SALE |
| Price | $299,000.00 |
| Neighborhood | Halifax - Dartmouth |
| Location | Lat: 44.620109, Lng: -63.620467 |
| Square Feet | 0.00 |
| Lot Size | 0.00 |
| Water Source | Municipal |
| Sewer | Municipal |
| Lot Features | Partially Cleared,Level,Year Round Road |
| Association Fee | 0.00 |
| Assessments | 340700 |
| Listing Office Name | Red Door Realty |
| Listing Agent | Ian MacIntyre |
| MLS® | 202509970 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.


