744 St Margarets Bay Road, Halifax, NS (MLS® 202424549)
744 St Margarets Bay Road, Halifax, NS, B3N 1K7
MLS® # 202424549
$499,900
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!
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.
Listing Courtesy of: Century 21 Optimum Realty
Inclusions: Fridge, Stove, Washer, Dryer
Utilities
Community Features
Rooms
Level | Type | Dimensions |
---|---|---|
Main Floor | Bath 1 | 6.2 x 7 |
Main Floor | Bedroom | 12 x 9.9 |
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 |
Schools
Type | Name |
---|---|
Elementary School | Springvale Elementary School |
Middle School | St Agnes Junior High School |
High School | St 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 |
Demographics for 744 St Margarets Bay Road, Halifax, NS (MLS® 202424549)
Census Year: 2016
- Subdivision Name: Halifax
- Population Count: 2,308
- Private Dwellings Count: 1,151
- Land Area: 2.06 Km2