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Residential For Sale

700 - 744 St Margarets Bay Road, Halifax Ns B3n 1k7

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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!

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202424549
Price : C$499900
Bedrooms : 2
Bathrooms : 1
Square Footage : 700
Year Built : 1959
Lot Area : 0.16 Acre
Status : Active
Listing Status : ACTIVE
Full Bathrooms : 1
Property Sub Type : Single Family Residence
Roof : Asphalt
Features
Heating System : Baseboard
Basement : Full, Unfinished, Walk-Out Access
Parking : Gravel, No Garage, Shared
Utilities : Cable Connected, Electricity Connected, Phone Connected, Electric
Sewer : Municipal
Interior Features : High Speed Internet
Flooring : Laminate, Tile, Linoleum
Architectural Style : Bungalow
Appliances
Appliances : Refrigerator/Stove Combo
Address Map
Location Text : 744 St Margarets Bay Road, Halifax Ns B3n 1k7
County : Halifax
City : Halifax
Postal Code : B3N 1K7
Street : St Margarets Bay
Street Number : 744
Street Suffix : Road
Longitude : W64° 21' 47.6''
Latitude : N44° 38' 11.7''
Directions : St Margarets Bay Road Right before Northwest Arm Drive. Come in the driveway of 752/54 and around back.
Mls Area Major : 8-Armdale/Purcell's Cove/Herring Cove
Zoning : RDD/R-2 - RESIDENTIAL MEDIUM DENISTY
Neighborhood
Middle School : St Agnes Junior High School
High School : Citadel High School
Elementary School : Springvale Elementary School
Property Details
Price Per SQFT : C$0
Search Price : C$0
Office Name : Century 21 Optimum Realty
Agent Name : Keith Kenny
Sales History
Previous Price : C$0
Original Price : C$0
Selling Price : C$0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Lot Features : Partial Landscaped, Under 0.5 Acres, Hardwood Bush
Foundation Details : Concrete Perimeter
Construction Materials : Vinyl Siding
Community Features : Park, Golf, School Bus Service, Shopping, Beach, Near Public Transport
Building Size : 700
Listing Information
Co List Agent Full Name : Melissa Kenny
Co List Agent Mls Id : N18657
Co List Office Mls Id : N24684
Co List Office Name : Century 21 Optimum Realty
List Agent Mls Id : N113378
List Office Mls Id : N24684
Mls Status : ACTIVE
Modification Timestamp : 2024-10-23T21:53:08Z
Originating System Name : NSAR
Residential For Sale
  • Listing ID : 202424549
  • Bedrooms : 2
  • Bathrooms : 1
  • Square Footage : 700
  • Visits : 62 in 44 days
C$499900
Agent info
Cowan-Smith Team
128 Chain Lake Drive
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