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Halifax, NS B3N1K7,744 St Margarets Bay Road
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Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
Halifax, NS B3N1K7,744 St Margarets Bay Road
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Eric Perron

Eric Perron

+1(613) 863-7568
$ 499,900
Est. payment /mo
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Active

744 St Margarets Bay Road Halifax, NS B3N1K7

2 Beds

1 Bath

700 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $714

Subdivision Halifax

MLS® Listing ID 202424549

Style Bungalow

Bedrooms 2

Originating Board Nova Scotia Association of REALTORS®

Year Built 1959

Lot Size 6,847 Sqft

Acres 6847.632

Property Description

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:24570)

Location

Province NS

Rooms

Extra Room 1 Main level 11.11 x 11.11 Kitchen

Extra Room 2 Main level 17.2 x 13 Living room

Extra Room 3 Main level 11.7 x 9.8 Primary Bedroom

Extra Room 4 Main level 12 x 9.9 Bedroom

Extra Room 5 Main level 6.2 x 7 Bath (# pieces 1-6)

Interior

Flooring Laminate, Linoleum, Tile

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Private Pool No

Building

Lot Description Partially landscaped

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by Century 21 Optimum Realty

Eric Perron

Salesperson | License ID: 4751995

+1(613) 863-7568

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744 St Margarets Bay Road