744 St Margarets Bay Road, Halifax, (MLS® 202501063) REMAX NOVA
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744 St Margarets Bay Road, Halifax

2 1 700 sqft
$499,900 Pending

Description

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!

Listing Details

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

Status
PENDING
Listing Price
$499,900
MLS®
202501063
Type
Single Family
Style
Detached
Age
65
Square Footage (MLA)
700  ft2
Total Fin SqFt (TLA)
700  ft2
PID
00271833
Bedrooms
2
Full Baths
1
Half Baths
0

Water
Municipal
Sewer
Municipal
Utilities
Cable,Electricity,High Speed Internet,Telephone

Building Specifications

Foundation Type
Poured Concrete
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Laminate,Linoleum,Tile

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Rooms

LEVEL TYPE DIMENSIONS
Main Floor Kitchen 11.11 x 11.11
Main Floor Living Room 17.2 x 13
Main Floor Primary Bedroom 11.7 x 9.8
Main Floor Bedroom 12 x 9.9
Main Floor Bath 1 6.2 x 7

Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Inclusions
Fridge, Stove, Washer, Dryer

Sales History

Halifax Regional Municipality Data

Zoning
R-2
By-Law Code:
Polling District
Halifax West – Armdale
Concillor: Shawn Cleary
Waste Collection
WEDNESDAY
Contractor: REgroup

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

2776

Median Age

35.9

Avg Household Size

2.2

Avg House Income

$100K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $251,900 ---
2023 $246,300 ---
2022 $172,300 ---
2021 $157,200 ---
2020 $153,900 ---
2019 $156,100 ---
2018 $155,500 ---
2017 $155,000 ---
2016 $151,300 ---
2015 $154,200 ---
2014 $146,300 ---
2013 $139,400 ---
2012 $133,300 ---

Maps

Mortgage Inquiries

Last Updated On: 3/18/2025 3:43:20 PM (UTC)
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