1562 St Margaret's Bay Rd, Lakeside, NS

House

For Sale

Listed price in listed location currency (CAD).

$569,900

530

MLS® 202621129

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 2343 sqft

Garage

Taxes

Days Active 3

Lot Size 0.1722 Acres

Approx. Age 2005

Avg. Price Per Sqft $243

MLS® Number 202621129

Property Address: 1562 St Margaret'S Bay Rd, Lakeside, NS, B3T1A9

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1562 St Margarets Bay Road, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an excellent opportunity for homeowners and investors alike. This income-producing property features a 3-bedroom, 2-bathroom main-level unit with a renovated living room and wood-burning fireplace, open-concept kitchen and dining area with backyard access, main-level laundry, and a spacious primary ensuite with whirlpool tub. The lower level functions as a 2-bedroom, 1-bathroom in-law suite, providing additional living space and rental income. The property currently generates $4, 875/month in total rental income, with $2, 600/month upstairs and $2, 275/month downstairs, including internet and water. Electricity is divided 30/70 between the upstairs and basement. The home also features a private backyard, large deck, and numerous recent upgrades, including a new roof (2023), three heat pumps (2024), finished basement with electrical upgrades, new appliances, regravelled driveway (2026), and smart Mysa thermostats throughout. With strong rental income, flexible living arrangements, and extensive recent improvements, this is a fantastic move-in-ready property in a convenient Lakeside location.

MLS® Number202621129

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2005

BasementPartially Finished, Walk-Out Access

DrivewayGravel

Garage Spaces

HeatBaseboard, Fireplace(s), Ductless

A/C

Extras

Map

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