1599 Preston Street is situated in one of Halifax’s most sought-after neighborhoods, offering the best of peninsula living. Within a short 5-15 minute walk, you'll find top-tier public and private schools, hospitals, universities, beautiful parks, and the vibrant downtown core. This location strikes the perfect balance between urban convenience and peaceful living, thanks to its quiet, low-traffic position at the end of Preston Street, surrounded by charming family homes. The 4,730 sq ft level lot, complete with rear laneway parking and driveway access off Payzant Street, offers immense potential. Whether you envision an expansion to the existing home, building your dream house, or constructing a multi-unit rental property, this blank canvas can accommodate your goals. The current 1,014 sq ft, 3-bedroom, 1-bathroom bungalow retains its original charm with hardwood floors, classic mouldings, and large windows. Upgrades include a 100 Amp breaker panel and newer PVC basement drain pipes. Properties in this prime location, at this price point, are incredibly rare and present an extraordinary opportunity.