1562 St Margarets Bay Road Lakeside, Nova Scotia B3T 1A9
$569,900
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. (id:29604)
Property Details
| MLS® Number | 202621129 |
| Property Type | Single Family |
| Community Name | Lakeside |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Stove, Dishwasher, Washer/dryer Combo, Microwave |
| Architectural Style | 2 Level |
| Constructed Date | 2005 |
| Construction Style Attachment | Detached |
| Cooling Type | Air Conditioned |
| Exterior Finish | Vinyl |
| Flooring Type | Carpeted, Laminate, Vinyl |
| Foundation Type | Concrete Slab |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump, Ductless |
| Stories Total | 1 |
| Size Interior | 2343 Sqft |
| Total Finished Area | 2343 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.1722 |
| Size Total | 0.1722 Ac |
| Size Total Text | 0.1722 Ac |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Mud Room | 5.11x9.1 | ||
| Lower Level | Storage | 19.11x9.2 | ||
| Lower Level | Recreational, Games Room | 12.7x9.6 | ||
| Lower Level | Kitchen | 12.7x11.8 | ||
| Lower Level | Bedroom | 13.10x9.9 | ||
| Lower Level | Bedroom | 12.9x10.4 | ||
| Lower Level | 3pc Bathroom | 6.10x9.2 | ||
| Main Level | Living Room | 14.8x14.4 | ||
| Main Level | Dining Room | 15x9.3 | ||
| Main Level | Kitchen | 13.3x9.1 | ||
| Main Level | Laundry Room | 6.2x9.5 | ||
| Main Level | Primary Bedroom | 13.3x13 | ||
| Main Level | 3pc Ensuite Bath | 6.5x9.5 | ||
| Main Level | Bedroom | 9.8x9.6 | ||
| Main Level | Bedroom | 13.4x9.3 | ||
| Main Level | 4pc Bathroom | 8.8x5.2 |
https://www.realtor.ca/real-estate/30179327/1562-st-margarets-bay-road-lakeside-lakeside
Interested?
Contact us for more information
Sahej Riar
397 Bedford Hwy
Halifax, Nova Scotia B3M 2L3
(902) 453-9300
(902) 450-0511
www.remaxnova.com/
Amit Patel
397 Bedford Hwy
Halifax, Nova Scotia B3M 2L3
(902) 453-9300
(902) 450-0511
www.remaxnova.com/
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August 24 2026 12:25:09
Nova Scotia Association of REALTORS®
RE/MAX Nova (Halifax)