1562 St Margarets Bay Road Lakeside, Nova Scotia B3T 1A9
$564,900
**?? 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. (id:63476)
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 | 2,343 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 |
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October 08 2026 01:25:45
Nova Scotia Association of REALTORS®
RE/MAX Nova (Halifax)