$695,000
FOR SALE

Commercial/Retail

5 Margate Drive
Halifax, NS B3P 1N7

This unique property offers a main dwelling and a backyard suite, providing versatile living arrangements and rental income opportunities. Conveniently located, this legal two-unit dwelling features a main unit, a basement bachelor apartment, and a converted backyard suite, all recently renovated in 2023 to enhance functionality and appeal. The main house boasts an open-concept layout with modern design, a stylish kitchen equipped with stainless appliances, and a private deck area perfect for relaxation and entertainment. Enjoy year-round comfort with a new centralized heat pump that provides efficient heating and cooling. Upstairs, there are two charming bedrooms, while the separate lower level includes a walkout, storage, and a modern 3-piece bath, ideal for rental income. The backyard suite provides additional living space and further rental potential. It has been enhanced with a new heat pump for efficient climate control, ensuring comfort in all seasons. With recent upgrades and a proven rental history, this property is a prime investment opportunity suitable for conventional mortgage financing in Halifax, Nova Scotia. Don?t miss the sauna located at the front side of the backyard suite. (id:47421)
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Listed By Exit Realty Metro
Data Provided By Nova Scotia Association of REALTORS®
MLS® Listing Number 202418408
Last Updated Aug 27, 2024
Property Summary
Property Type Commercial/Retail

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Community Halifax
Price History

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Detailed Information
Amenities Nearby Public Transit, Shopping
Community Features Recreational Facilities, School Bus
Equipment Propane Tank
Listing Contract Date 2024-08-01
Location Description Herring Cove road to Cowie Hill to Margate Drive
Municipal ID 00270876
Ownership Type Freehold
Property Type Other
Rental Equipment Propane Tank
Transaction Type For sale
Building
Appliances Cooktop - Electric, Cooktop - Propane, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Basement Features Walk out
Basement Type Full
Constructed Date 1943
Exterior Finish Vinyl
Flooring Type Carpeted, Laminate, Tile, Vinyl Plank
Foundation Type Block
Type Other
Utility Water Municipal water
Land
Total Size 0.1722 acres
Amenities Public Transit, Shopping
Sewer Municipal sewage system
Size of Irregular Land 0.1722

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