MLS® 202424549
List Price$489,900
PID00271833
TypeSingle Family
StyleDetached
Beds. 2
Baths. 1
Main Living Area 700 ft2
Finished Area 700 ft2
Age 65
Lot Size
List Date Oct. 15, 2024 (59 Days)

Overview

744 St Margarets Bay Road, Halifax, NS (MLS® 202424549): 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!

Listing Courtesy of: Century 21 Optimum Realty


Directions

Directions to 744 St Margarets Bay Road, Halifax, NS (MLS® 202424549): St Margarets Bay Road Right before Northwest Arm Drive. Come in the driveway of 752/54 and around back.


Rooms at 744 St Margarets Bay Road, Halifax, NS (MLS® 202424549)

Level Type Dimensions
Main Floor Kitchen 11.11 x 11.11
Main Floor Living Room 17.2 x 13
Main Floor Primary Bedroom 11.7 x 9.8
Main Floor Bedroom 12 x 9.9
Main Floor Bath 1 6.2 x 7

Inclusions

Fridge, Stove, Washer, Dryer


Utilities

  • Cable
  • Electricity
  • High Speed Internet
  • Telephone

Community Features

  • Beach
  • Golf Course
  • Park
  • Public Transit
  • School Bus Service
  • Shopping

Schools near 744 St Margarets Bay Road, Halifax, NS (MLS® 202424549)

Type Name
Elementary SchoolSpringvale Elementary School
Middle SchoolSt Agnes Junior High School
High SchoolSt Agnes Junior High School
Elementary School (Fr. Imm.)St Catherine's Elementary School
Middle School (Fr. Imm.)Oxford School
High School (Fr. Imm.)Citadel High School

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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.

Contacts

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