NS
Lakeside
B3T 1A9
1562 St Margarets Bay Road
1562 St Margarets Bay Road, Lakeside, NS B3T 1A9
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Listing Type
Single Family
Listing Status
Active
50
$569,900

Home Details for 1562 St Margarets Bay Road

Price
$569,900
Type
Residential
Bedrooms
5
Total Bathrooms
3
Square feet
2343
Year built
2005
Lot size acres
0.1722
Days on site
11
Listing #
202621129
Property Description

Welcome to 1562 St Margarets Bay Road, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an excellent opportunity for homeowners and investors alike. This income-producing property features a 3-bedroom, 2-bathroom main-level unit with a renovated living room and wood-burning fireplace, open-concept kitchen and dining area with backyard access, main-level laundry, and a spacious primary ensuite with whirlpool tub. The lower level functions as a 2-bedroom, 1-bathroom in-law suite, providing additional living space and rental income. The property currently generates $4,875/month in total rental income, with $2,600/month upstairs and $2,275/month downstairs, including internet and water. Electricity is divided 30/70 between the upstairs and basement. The home also features a private backyard, large deck, and numerous recent upgrades, including a new roof (2023), three heat pumps (2024), finished basement with electrical upgrades, new appliances, regravelled driveway (2026), and smart Mysa thermostats throughout. With strong rental income, flexible living arrangements, and extensive recent improvements, this is a fantastic move-in-ready property in a convenient Lakeside location. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Heat Pump
    • Electric
    • Ductless
  • Water Features
    • Public
  • Parking
    • Gravel
Listing Courtesy: RE/MAX Nova (Halifax)
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EXIT REALTY SPECIALISTS
6363 Lady Hammond Rd., Halifax, NS B3K 2S2
Office
506 663 5787
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