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

Pending (20 Days)
$499,900
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®:
202501063
Lot Size
6,848 SQFT
Type
Single-Family Home
Year Built
1960
Style
Bungalow
Views
No
County
Halifax Regional Municipality

Listed By

Keith Kenny, Century 21 Optimum Realty
Source
NOVA SCOTIA AOR
Last checked Feb 5 2025 at 10:17 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
Powered by Walk Score®
Disclaimer: Copyright 2025 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 2/5/25 02:17