744 St Margarets Bay Road, Halifax, Nova Scotia B3N 1K7

Listed for:
$499,900
2 beds
1 baths
Listed 55 days ago
House for rent: 744 St Margarets Bay Road, Halifax, Nova Scotia B3N 1K7

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Learn more about this property
Listing provided by:
Century 21 Optimum Realty
MLS® number:
202501063
Agent:
Keith Kenny
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About

St Margarets Bay Road Right before Northwest Arm Drive. Come in the driveway of 752/54 and around back. 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:27476)

Property Highlights

MLS® Number
202501063
Type
Single Family
Community Name
Halifax
Ownership Type
Freehold
Land Size
0.1572 ac

Building

Building Type
House
Storeys
1.00
Square Footage
700 sqft
Bathrooms Total
1
Bedrooms Above Ground
2
Bedrooms Total
2
Amenities
Golf Course, Park, Public Transit, Shopping, Beach
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Walk out
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Kitchen
Main level
11.11 x 11.11
Living room
Main level
17.2 x 13
Primary Bedroom
Main level
11.7 x 9.8
Bedroom
Main level
12 x 9.9
Bath (# pieces 1-6)
Main level
6.2 x 7

Location

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