744 St Margarets Bay Road

$499,900

Halifax – Armdale, Purcell’s Cove, Herring Cove

744 St Margarets Bay Road, Halifax NS - MLS: 202501063
MLS® 202501063

744 St Margarets Bay Road - 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!

Property Specifications:

Building Age: 65
Property Size:
Total Living Area: 700 sqft
Main Living Area: 700 sqft
Bedrooms: 2
Bathrooms: 1

Property Details:

Style: Bungalow Detached
Roof: Asphalt Shingle
Exterior: Vinyl
Flooring: Laminate, Linoleum, Tile
Heating: Baseboard
Basement: Full, Undeveloped, Walkout
Foundation: Poured Concrete
Garage: No
Driveway: Gravel, Shared

Room Sizes:

Main Floor
  • Kitchen - 11.11 x 11.11
  • Living Room - 17.2 x 13
  • Primary Bedroom - 11.7 x 9.8
  • Bedroom - 12 x 9.9
  • Bath 1 - 6.2 x 7

Community Features:

Golf Course, Park, Public Transit, School Bus Service, Shopping, Beach

Schools:

Springvale Elementary School

St Agnes Junior High School

Citadel High School

St Catherine's Elementary School

Oxford School

Citadel High School

Additional Details:

Appliances Included: Refrigerator/Stove Combo
Land Features: Hardwood Bush, Partial Landscaped
Utilities: Cable, Electricity, High Speed Internet, Telephone
Water: Municipal
Sewer: Municipal
Rental Equipment: None
Century 21 Optimum Realty