NS > Halifax > Halifax
Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
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Loralee Thomas

Loralee Thomas

+1(250) 430-1070
$ 499,900
Est. payment | /mo

2 Beds

1 Bath

700 SqFt

Save
$ 499,900
Est. payment | /mo
Save

2 Beds

1 Bath

700 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $714

Subdivision Halifax

MLS® Listing ID 202424549

Style Bungalow

Bedrooms 2

Originating Board Nova Scotia Association of REALTORS®

Year Built 1959

Lot Size 6,847 Sqft

Acres 6847.632

Property Description

Discover an exceptional investment opportunity at 744 St. Margarets Bay Road in Halifax! This charming single-family home is primed for conversion into a lucrative duplex, offering savvy investors a chance to maximize their returns. The upper level features 2 bedrooms and 1 bathroom and is currently rented until August 2025 at $1,500/month. The undeveloped basement comes with its own electrical service and entrance, presenting tremendous potential for conversion into a second unit. The exterior has been fully updated with new shingles, fresh siding, and modern windows, ensuring low maintenance for years to come. Situated in a prime area, this property boasts an unbeatable location?just one minute from the rotary and close to Halifax's amenities, as well as Chocolate Lake and Bayers Lake. Parking is convenient with a shared back driveway alongside 752/754 St. Margarets Bay Road and an additional single parking space at the front. With some sweat equity, this property could become a highly profitable investment, allowing you to create a second revenue stream while benefiting from the steady income of the existing upper unit. Don't miss this chance to own a piece of Halifax real estate with enormous upside; schedule your viewing today and unlock the potential of 744 St. Margarets Bay Road! With the addition of 752/754 St Margarets Bay Road which is also for sale you could have 13,824 sqft of potential development space! (id:24570)

Location

Province NS

Rooms

Extra Room 1 Main level 11.11 x 11.11 Kitchen

Extra Room 2 Main level 17.2 x 13 Living room

Extra Room 3 Main level 11.7 x 9.8 Primary Bedroom

Extra Room 4 Main level 12 x 9.9 Bedroom

Extra Room 5 Main level 6.2 x 7 Bath (# pieces 1-6)

Interior

Flooring Laminate, Linoleum, Tile

Exterior

Garage No

Community Features School Bus

Waterfront No

View Y/N No

Private Pool No

Building

Lot Description Partially landscaped

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by Century 21 Optimum Realty
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+1(250) 430-1070

hello@loraleethomas.com

Kootenays, BC, Canada

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744 St Margarets Bay Road