744 St Margarets Bay Road Halifax, NS B3N 1K7
Listing Courtesy of: NOVA SCOTIA AOR / Century 21 Optimum Realty / Keith Kenny

  744 St Margarets Bay Road Halifax, NS B3N 1K7

Active (69 Days)
$489,900
2
BED
1
BATH
700
SQFT

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 locationjust 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!

MLS®:
202424549
Lot Size
6,848 SQFT
Type
Single-Family Home
Year Built
1959
Style
Bungalow
Views
No
County
Halifax Regional Municipality

Listed By

Keith Kenny, Century 21 Optimum Realty
Source
NOVA SCOTIA AOR
Last checked Dec 22 2024 at 2:47 AM EST
Bathroom Details
Interior Features
  • Appliances : Refrigerator/Stove Combo
Subdivision
  • 8-A
Lot Information
  • Partial Landscaped
  • Hardwood Bush
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Tile
  • Linoleum
  • Laminate
Exterior Features
  • Vinyl
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Telephone, High Speed Internet, Electricity, Cable
  • Sewer: Municipal
  • Fuel: Electric
School Information
  • Elementary School: Springvale Elementary School
  • Middle School: Oxford School
  • High School: Citadel High School
Parking
  • Come In the Driveway of 752/54 and Around Back.
  • Spaces : 0
  • Shared
  • Gravel
Living Area
  • 700 sqft
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 06, 2024
Price Changed
$489,900
-2%
-10,000
Oct 15, 2024
Original Price
$499,900
-
-
Disclaimer: Copyright 2024 Nova Scotia Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/21/24 18:47