744 St Margarets Bay Road, Halifax, Nova Scotia, B3N1K7
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:2471)
Keller Williams Select Realty Brokerage
- 902-304-1762
- 709-771-3333
- myrealtor@michellemorrow.ca
- Property Address: 744 St Margarets Bay Road, Halifax, Nova Scotia, B3N1K7
- Community Name: Halifax
- Property Type: Single Family
- Title: Freehold
- Lot Size: 0.1572
- Acreage: 0.1572 ac
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Driveway: Gravel, Shared
- Amenities Nearby: Golf Course, Park, Public Transit, Shopping, Beach
- Structure Style: House
- Style: Detached
- Storeys: 1
- Total Finished Area: 700 sqft
- Floor Space: 700 sqft
- Building Age: 1959
- Bedrooms: 2
- Bathrooms: 1-Total
- Basement Type: Full (Unfinished)
- Exterior Type: Vinyl
- Flooring: Laminate, Linoleum, Tile
- Foundation Type: Poured Concrete
- Appliances Included: Fridge/Stove Combo
- Partially landscaped
- School Bus
| Type | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 11.11 x 11.11 |
| Living room | Main level | 17.2 x 13 |
| Primary Bedroom | Main level | 11.7 x 9.8 |
| Bedroom | Main level | 12 x 9.9 |
| Bath (# pieces 1-6) | Main level | 6.2 x 7 |
Listing Offices: Century 21 Optimum Realty
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