1562 St Margarets Bay Road
Lakeside, Nova Scotia
MLS® 202621129
$564,900
- Status
- Active
- Property type
- House
- MLS® number
- 202621129
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 2005
1 / 51Listing description
**?? RENTAL INCOME ALERT $4,875/MONTH! ** Welcome to **1562 St Margarets Bay Road**, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an incredible opportunity for homeowners, investors, and house-hackers.
The property features a **3-bedroom, 2-bathroom main-level unit** plus a **2-bedroom, 1-bathroom lower-level in-law suite**, generating a combined **$4,875/month in rental income**. The main level offers a renovated living room with 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 provides additional living space and income potential.
Recent upgrades include 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, a private backyard and large deck, this move-in-ready property offers exceptional versatility in a convenient Lakeside location.
Property summary
- MLS® number
- 202621129
- Property type
- Single Family
- Building type
- House
- Square footage
- 2,343 sq ft
- Title
- Freehold
- Land size
- 0.1722 acres
- Built in
- 2005
- Parking
- Gravel
- Days on market
- 23 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric, Ductless
- Cooling
- Air Conditioned
- Flooring
- Laminate, Carpeted, Vinyl
- Appliances
- Dishwasher, Stove, Microwave, Washer/Dryer Combo
- Exterior features
- Vinyl
- Architectural style
- 2 Level
What would this home cost you?
Based on the $564,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Nova (Halifax), Halifax.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.