An exceptional opportunity for developers and investors in the heart of Upper Tantallon. 74 Old School Road is zoned Village Gateway, offering rare flexibility for a wide range of uses including multi-unit residential, commercial offices, tourist accommodations, service shops, restaurants, and more. Just steps from established local businesses and everyday amenities, this highly visible location invites you to explore a project that truly fits your vision. The existing structure offers a solid starting point, with a new 100amp electrical panel, reframed and waterproofed basement, and a new garage door already in place, making it well suited for a thoughtful redevelopment or conversion. Prefer to start fresh? The lot and zoning also support a complete rebuild, allowing you to design something entirely new. Perfectly positioned on the main route to Peggy’s Cove, one of Canada’s most visited destinations, this property benefits from consistent local and tourist traffic alike. Whether your plan is residential, commercial, or tourism-focused, this is a rare chance to secure a versatile development site in a growing community, at an exceptional value. A true blank canvas with location, zoning, and upside all in place.
From Highway 103, Exit 5 toward Upper Tantallon, Right on St. Margaret's Bay Rd, Left on Peggy's Cove Rd, Left on Old School Rd
Listing Sub-Area:
40-Timberlea, Prospect, St. Margaret's Bay
Property Type:
Residential
Residential Type:
Single Family
Residential Style:
Detached
Title To Land:
Freehold
Home Style:
Bungalow
Exterior Finish:
Vinyl
Bedrooms:
0
Bedrooms Above Grade:
0
Bedrooms Below Grade:
0
Full Bathrooms:
0
Half Bathrooms:
0
Main Living Area:
1,161 sq. ft.108 m2
Floor Area:
1,161 sq. ft.108 m2
Building Dimenions:
30.5'x35.5' + 8'x8'
Prop Size:
0.5 to 0.99 Acres
Lot Size:
0.78 acre(s)0.31 hectare(s)
Zoning:
VG - Village Gateway
Water Supply:
Dug, Well
Sewer:
Septic
Foundation:
Poured Concrete
Floor Finish:
None
Roof:
Asphalt Shingle
New Constr.:
No
Basement:
Full, Partially Developed, Walkout
Heating:
Baseboard
Fuel:
Electric
Utilities:
Cable, Electricity, High Speed Internet, Telephone
Garage:
Attached, Single
Garage Description:
Single attached
Driveway:
Gravel
As is, new exterior doors
Lawn Mower
None
Cleared, Partial Landscaped, Year Round Road
No
74 OLD SCHOOL RD LOT B-1-A UPPER TANTALLON DWELLING
Data was last updated February 10, 2026 at 01:20 PM (UTC)
Area Statistics
Listings on market:
112
Avg list price:
$723,500
Min list price:
$219,000
Max list price:
$3,495,000
Avg days on market:
55
Min days on market:
1
Max days on market:
656
Avg price per sq.ft.:
$328
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.
