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744 St Margarets Bay Road, Halifax, NS, B3N 1K7

MLS® # 202424549
House For Sale In Stanley Park, Halifax, Nova Scotia
$489,900 QuickQuoteTM: Not Available

2 Beds

1 Bath

744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
744 St Margarets Bay Road, Halifax, NS
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744 St Margarets Bay Road, Halifax, NS, B3N 1K7
$489,900

2 Beds

1 Bath

Property Information:

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 Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Appliances Included: Refrigerator/Stove Combo
  • Basement: Full, Undeveloped, Walkout
  • Building Style: Bungalow
  • Built in: 1959
  • Community Features: Golf Course, Park, Public Transit, School Bus Service, Shopping
  • Driveway/Parking: Gravel, Shared
  • Exterior Finish: Vinyl
  • Floor Space (approx): 700 Square Feet
  • Flooring: Laminate, Linoleum, Tile
  • Foundation: Concrete
  • Fuel Type: Electric
  • Heating/Cooling Type: Baseboard
  • Land Features: Hardwood Bush, Partial Landscaped
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Sewage Disposal: Municipal
  • Title to Land: Freehold
  • Utilities: Cable, Electricity, High Speed Internet, Telephone
  • Water Source: Municipal
  • Garage: None

Rooms:

  • Kitchen Main Level 11.11 x 11.11
  • Living Main Level 17.2 x 13
  • Primary Bedroom Main Level 11.7 x 9.8
  • Bedroom Main Level 12 x 9.9
  • Bathroom Main Level 6.2 x 7

Courtesy of: Century 21 Optimum Realty

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 744 St Margarets Bay Road, Halifax, NS, B3N 1K7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

30 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

30 hot days expected in 2050

27/100

Moderate-Low

ClimateCheck®

Current data

This property, 744 St Margarets Bay Road , experiences 7 hot days per year at around 26.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 29.8 degrees Celsius.

Projected Avg. Temperature

Past
26.8℃
2050
29.8℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

91/100

High

ClimateCheck®

Current data

This property, 744 St Margarets Bay Road , experiences 11 significant 2-day storms per year, with about 484.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 608.1mm of precipitation per year.

Precipitation Per Storm

Past
484.6mm
2050
608.1mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 744 St Margarets Bay Road, Halifax, NS, B3N 1K7

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$131,053.74

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.64 %

High school certificate or equivalent

23.13 %

Apprenticeship trade certificate/diploma

4.22 %

College/non-university certificate

17.19 %

University certificate (below bachelor)

1.96 %

University Degree

45.86 %

Commuter

Travel To Work

By Car

82.17 %

By Public Transit

11.24 %

By Walking

2.58 %

By Bicycle

0.21 %

By Other Methods

3.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.81 %

Houses

59.19 %

Own Vs. Rent