For Sale
MLS® 202621129
List Price$564,900
PID40050866
TypeSingle Family
StyleDetached
Beds. 5
Baths. 3
Main Living Area 1,216 ft2
Finished Area 2,343 ft2
Age 21
List Date Aug 19, 2026 (55 Days)

Overview

1562 St Margarets Bay Road, Lakeside, NS (MLS® 202621129): **?? RENTAL INCOME ALERT — $4,875/MONTH!** Welcome to **1562 St Margarets Bay Road**, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an incredible opportunity for homeowners, investors, and house-hackers. The property features a **3-bedroom, 2-bathroom main-level unit** plus a **2-bedroom, 1-bathroom lower-level in-law suite**, generating a combined **$4,875/month in rental income**. The main level offers a renovated living room with 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 provides additional living space and income potential. Recent upgrades include 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, a private backyard and large deck, this move-in-ready property offers exceptional versatility in a convenient Lakeside location.

Listing Courtesy of: RE/MAX Nova (Halifax)


Directions

Directions to 1562 St Margarets Bay Road, Lakeside, NS (MLS® 202621129): On St. Margarets Bay Rd


Rooms at 1562 St Margarets Bay Road, Lakeside, NS (MLS® 202621129)

Level Type Dimensions
Main Floor Living Room 14.8x14.4
Main Floor Dining Room 15x9.3
Main Floor Kitchen 13.3x9.1
Main Floor Laundry 6.2x9.5
Main Floor Primary Bedroom 13.3x13
Main Floor Ensuite Bath 1 6.5x9.5
Main Floor Bedroom 9.8x9.6
Main Floor Bedroom 13.4x9.3
Main Floor Bath 2 8.8x5.2
Lower Level Mud Room 5.11x9.1
Lower Level Storage 19.11x9.2
Lower Level Rec Room 12.7x9.6
Lower Level Kitchen 12.7x11.8
Lower Level Bedroom 13.10x9.9
Lower Level Bedroom 12.9x10.4
Lower Level Bath 2 6.10x9.2

Utilities

  • Cable
  • Electricity
  • High Speed Internet
  • Telephone

Schools near 1562 St Margarets Bay Road, Lakeside, NS (MLS® 202621129)

Type Name
Elementary SchoolBeechville Lakeside Timberlea Sr Elementary School
Middle SchoolRidgecliff Middle School
High SchoolBay View High School
Elementary School (Fr. Imm.)Beechville Lakeside Timberlea Sr Elementary School
Middle School (Fr. Imm.)Ridgecliff Middle School
High School (Fr. Imm.)Bay View High School

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Homes in HRM

Sheila Banser is an award-winning REALTOR® at Royal LePage Atlantic in Halifax, Nova Scotia. Since 2003, Sheila has been helping clients buy and sell their homes in Halifax, Bedford, Dartmouth, Hammonds Plains, Sackville, Timberlea, Fall River and beyond.

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