744 St Margarets Bay Road, Halifax, NS (MLS® 202424549) Single Family For Sale

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

LevelTypeDimensions
Main FloorBath 16.2 x 7
Main FloorBedroom12 x 9.9
Main FloorKitchen11.11 x 11.11
Main FloorLiving Room17.2 x 13
Main FloorPrimary Bedroom11.7 x 9.8

Schools

TypeName
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

Demographics for 744 St Margarets Bay Road, Halifax, NS (MLS® 202424549)

Census Year: 2016

12090480
  • Subdivision Name: Halifax
  • Population Count: 2,308
  • Private Dwellings Count: 1,151
  • Land Area: 2.06 Km2

Similar Listings