$489,900

House For Sale In Stanley Park, Halifax, Nova Scotia

$489,900
  • 2

    Bedrooms

  • 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