744 St Margarets Bay Road Active Save Request In-Person Tour Request Virtual Tour
Halifax,NS B3N1K7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
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
Garage No
Community Features School Bus
Waterfront No
View Y/N No
Private Pool No
Building
Lot Description Partially landscaped
Story 1
Sewer Municipal sewage system
Architectural Style Bungalow
Others
Ownership Freehold