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For sale
  • C$564,900

    1562 Saint Margarets Bay Rd, Lakeside, NS B3T 1A9

    5beds
    2,343sqft
    Single Family Residence
    Built in 2005
    7,501 Square Feet Lot
    $-- Zestimate®
    C$241/sqft
    C$-- HOA

    What's special

    Main-level laundryPrivate backyardLarge deckNew appliancesSmart mysa thermostats throughout
    **?? 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.
    74 days
    49
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Sahej Riar,

    RE/MAX Nova (Halifax) Brokerage,

    Amit Patel,

    RE/MAX Nova (Halifax)

    Source: NSAR,MLS®#: 202621129MLS LogoOriginating MLS®#: Nova Scotia Association of REALTORS®

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Bedroom
      • Level: Main
      • Area: 94.08
      • Dimensions: 9.8 x 9.6
      Bedroom 1
      • Level: Main
      • Area: 124.62
      • Dimensions: 13.4 x 9.3
      Bedroom 2
      • Level: Lower
      • Area: 129.69
      • Dimensions: 13.1 x 9.9
      Bedroom 3
      • Level: Lower
      • Area: 134.16
      • Dimensions: 12.9 x 10.4
      Bathroom
      • Level: Main
      • Area: 61.75
      • Dimensions: 6.5 x 9.5
      Bathroom 1
      • Level: Main
      • Area: 45.76
      • Dimensions: 8.8 x 5.2
      Bathroom 2
      • Level: Lower
      • Area: 56.12
      • Dimensions: 6.1 x 9.2
      Dining room
      • Level: Main
      • Area: 139.5
      • Dimensions: 15 x 9.3
      Kitchen
      • Level: Main
      • Area: 121.03
      • Dimensions: 13.3 x 9.1
      Living room
      • Level: Main
      • Area: 213.12
      • Dimensions: 14.8 x 14.4
      Heating
      • Baseboard, Fireplace(s), Heat Pump -Ductless
      Appliances
      • Included: Stove, Dishwasher, Washer/Dryer, Microwave
      • Laundry: Laundry Room
      Features
      • High Speed Internet, Master Downstairs
      • Flooring: Carpet, Laminate, Vinyl
      • Basement: Partially Finished,Walk-Out Access
      • Has fireplace: Yes
      Interior area
      • Total structure area: 2,343
      • Total interior livable area: 2,343 sqft
      • Finished area above ground: 1,216
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel
      • Has uncovered spaces: Yes
      • Details: Parking Details(Driveway)
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio
      Lot
      • Size: 7,501 Square Feet
      • Features: Under 0.5 Acres
      Details
      • Parcel number: 40050866
      • Zoning: R1
      • Other equipment: No Rental Equipment

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Municipal
      • Water: Municipal
      • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Electric

      Community & HOA

      Location
      • Region: Lakeside

      Financial & listing details

      • Price per square foot: C$241/sqft
      • Tax assessed value: C$508,100
      • Price range: C$564.9K - C$564.9K
      • Date on market: 8/20/2026
      • Ownership: Freehold
      • Electric utility on property: Yes

        Price history

        DateEventPrice
        9/9/2026Price changeC$564,900-0.9%C$241/sqft
        Source: NSAR #202621129 Report a problem
        8/20/2026Listed for saleC$569,900C$243/sqft
        Source: NSAR #202621129 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019-- C$224,400

        Climate risks

        Neighborhood: B3T

        Getting around

        29 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

        Schools provided by the listing agent
        • Elementary: Beechville Lakeside Timberlea Sr Elementary School
        • Middle: Ridgecliff Middle School
        • High: Bay View High School

        Source: NSAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.