1562 St Margarets Bay Rd, Lakeside, NS B3T 1A9
1562 St Margarets Bay Rd, Lakeside, NS B3T 1A9
1562 St Margarets Bay Rd, Lakeside, NS B3T 1A9
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Listed by Sahej Riar • RE/MAX Nova (Halifax)
$564,900
Est. payment /mo
5 Beds
3 Baths
2,343 SqFt

Open House

Sat Sep 12, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,343 sqft

Price per Sqft $241

MLS Listing ID 202621129

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 2005

Lot Size 7,501 Sqft

Acres 0.1722

Property Sub-Type Single Family Residence

Source Nova Scotia

Property Description

**?? 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.

Location

Province NS

County Halifax

Area 40-Timberlea, Prospect, St. Margaret'S Bay

Zoning R1

Region Halifax - Dartmouth

City Region Halifax - Dartmouth

Rooms

Basement Partially Finished, Walk-Out Access

Bedroom 2 12.7x9.6

Living Room 15x9.3

Dining Room 13.3x9.1

Kitchen 6.2x9.5

Interior

Interior Features High Speed Internet

Heating Baseboard, Fireplace(s), Ductless

Flooring Carpet, Laminate, Vinyl

Equipment No Rental Equipment

Fireplace Yes

Appliance Stove, Dishwasher, Washer/Dryer, Microwave

Exterior

Utilities Available Electric, Cable Connected, Electricity Connected, Phone Connected

View Y/N No

Roof Type Asphalt

Porch Deck, Patio

Garage No

Private Pool No

Building

Lot Description Under 0.5 Acres

Dwelling Type Detached

Story 2

Foundation Slab

Sewer Municipal

Water Municipal

Level or Stories Two

New Construction No

Schools

Elementary Schools Beechville Lakeside Timberlea Sr Elementary School

Middle Schools Ridgecliff Middle School

High Schools Bay View High School

Others

Ownership Freehold

ParcelsYN No

Virtual Tour https://youriguide.com/1562_st_margarets_bay_rd_lakeside_ns/


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Philip Jonker

Philip Jonker

+1(902) 817-4708

Agent License ID: 1811911

Agent License ID: 1811911

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