1562 St Margarets Bay Road
Summary
|
Beds
5
|
Baths
3
|
Single Family
2,343 sq ft
|
Storeys
2
|
**?? RENTAL INCOME ALERT — $4,875/MONTH!** Welcome to **1562 St Margarets Bay Road**, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an incredible opportunity for homeowners, investors, and house-hackers. The property features a **3-bedroom, 2-bathroom main-level unit** plus a **2-bedroom, 1-bathroom lower-level in-law suite**, generating a combined **$4,875/month in rental income**. The main level offers a renovated living room with wood-burning fireplace, open-concept kitchen and dining area with backyard access, main-level laundry, and a spacious primary ensuite with whirlpool tub. The lower level provides additional living space and income potential. Recent upgrades include a **new roof (2023), three heat pumps (2024), finished basement with electrical upgrades, new appliances, regravelled driveway (2026), and smart Mysa thermostats throughout**. With strong rental income, flexible living arrangements, a private backyard and large deck, this move-in-ready property offers exceptional versatility in a convenient Lakeside location.
Property Details
| Property Style | Residential |
|---|---|
| Zoning | R1 |
| Building Style | 2 Level |
| Structure Style | Detached |
| Structures | Deck, Patio |
| Utilities | Cable, Electricity, High Speed Internet, Telephone |
| Roof | Asphalt Shingle |
| Flooring | Carpet, Laminate, Vinyl |
| Basement | Partially Developed, Walkout |
| Driveway | Gravel |
| Foundation | Slab |
| Exterior | Vinyl |
| Heating Type | Baseboard, Fireplace, Heat Pump -Ductless |
| Fuel Type | Electric |
| Water Source | Municipal |
| Sewage | Municipal |
| Building Age | 21 Years |
| Year Built | 2005 |
Measurements
| Main Living Area | 1,216 sq ft |
|---|---|
| Total Living Area | 2,343 sq ft |
| Lot Size 1 | 7,500 sq ft |
| Total Lot Size | 7,500 sq ft |
| Building Dimensions | 2343’3” |
| Lot Size Source | Land Reg |
| Property Size | Under 0.5 Acres |
| Floor | Room | Dimensions |
|---|---|---|
| Main Floor | Living Room | 14’10” × 14’5” |
| Main Floor | Dining Room | 15’ × 9’4” |
| Main Floor | Kitchen | 13’4” × 9’1” |
| Main Floor | Laundry | 6’2” × 9’6” |
| Main Floor | Primary Bedroom | 13’4” × 13’ |
| Main Floor | Ensuite Bath 1 | 6’6” × 9’6” |
| Main Floor | Bedroom | 9’10” × 9’7” |
| Main Floor | Bedroom | 13’5” × 9’4” |
| Main Floor | Bath 2 | 8’10” × 5’2” |
| Lower Level | Mud Room | 5’1” × 9’1” |
| Lower Level | Storage | 19’1” × 9’2” |
| Lower Level | Rec Room | 12’8” × 9’7” |
| Lower Level | Kitchen | 12’8” × 11’10” |
| Lower Level | Bedroom | 13’1” × 9’11” |
| Lower Level | Bedroom | 12’11” × 10’5” |
| Lower Level | Bath 2 | 6’1” × 9’2” |
Features
- Deck
- Driveway
- Patio
| Appliances Included | Stove, Dishwasher, Washer/Dryer Combo, Microwave |
|---|
Location Details
| County | Halifax |
|---|---|
| District | Timberlea, Prospect, St. Margarets Bay |
| Schools |
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Contact Agent
Michael Sears
C.Mgr.; P.Mgr.; C.I.M.; CD
michael.sears@ververealty.ca
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