1562 St Margarets Bay Road, Lakeside, Nova Scotia B3T 1A9
$564,900
- 5 bedrooms
- 3 bathrooms
- 2,343 Square Feet
**?? 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 ... read more
**?? 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:39198)
- Listing ID: 202621129
- Property Type: Single Family
- Year Built: 2005
| Property | |
|---|---|
| Style: | 2 Level |
| Ownership: | Freehold |
| Lot Size: | 0.1722 Ac |
| Parking: | Gravel |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dishwasher, Microwave, Washer/Dryer Combo and Stove |
| HVAC: | Air Conditioned, Baseboard Heaters, Ductless, Fireplace and Heat Pump Electric |
| Exterior: | Vinyl |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Lakeside |
| Province: | Nova Scotia |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room | Main level | 14.4 x 14.8 |
| Dining room | Main level | 9.3 x 15 |
| Kitchen | Main level | 9.1 x 13.3 |
| Laundry room | Main level | 9.5 x 6.2 |
| Primary Bedroom | Main level | 13 x 13.3 |
| 3pc Ensuite bath | Main level | 9.5 x 6.5 |
| Bedroom | Main level | 9.6 x 9.8 |
| Bedroom | Main level | 9.3 x 13.4 |
| 4pc Bathroom | Main level | 5.2 x 8.8 |
| Mud room | Lower level | 9.1 x 5.11 |
| Storage | Lower level | 9.2 x 19.11 |
| Recreational, Games room | Lower level | 9.6 x 12.7 |
| Kitchen | Lower level | 11.8 x 12.7 |
| Bedroom | Lower level | 9.9 x 13.10 |
| Bedroom | Lower level | 10.4 x 12.9 |
| 3pc Bathroom | Lower level | 9.2 x 6.10 |
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