5 Margate Drive

$695,000

Halifax – Spryfield

5 Margate Drive, Halifax NS - MLS: 202418408
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MLS® 202418408

5 Margate Drive - This unique property offers a main dwelling and a backyard suite, providing versatile living arrangements and rental income opportunities. Conveniently located, this legal two-unit dwelling features a main unit, a basement bachelor apartment, and a converted backyard suite, all recently renovated in 2023 to enhance functionality and appeal. The main house boasts an open-concept layout with modern design, a stylish kitchen equipped with stainless appliances, and a private deck area perfect for relaxation and entertainment. Enjoy year-round comfort with a new centralized heat pump that provides efficient heating and cooling. Upstairs, there are two charming bedrooms, while the separate lower level includes a walkout, storage, and a modern 3-piece bath, ideal for rental income. The backyard suite provides additional living space and further rental potential. It has been enhanced with a new heat pump for efficient climate control, ensuring comfort in all seasons. With recent upgrades and a proven rental history, this property is a prime investment opportunity suitable for conventional mortgage financing in Halifax, Nova Scotia. Don’t miss the sauna located at the front side of the backyard suite.

Property Specifications:

Building Age: 81
Property Size: Under 0.5 Acres
Total Living Area:
Main Living Area:

Property Details:

Style: Other
Roof: Asphalt Shingle
Exterior: Vinyl
Flooring: Carpet, Laminate, Tile, Vinyl Plank
Heating: Forced Air
Basement: Full, Walkout
Foundation: Block
Driveway: Paved

Community Features:

Public Transit, Recreation Center, School Bus Service, Shopping

Additional Details:

Appliances Included: Cooktop - Electric, Cooktop – Propane, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Other Features: Secondary Suite
Water: Municipal
Sewer: Municipal
Rental Equipment: Propane Tank
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