$ 695.000

5 Margate Drive, Halifax

  • Type: Commercial
  • Added: 49 days ago
  • Updated: 23 days ago
  • Last Checked: 1 hours ago
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:1945)

Property Details

  • Year Built: 1943
  • Structure Type: Other
  • Exterior Features: Vinyl
  • Foundation Details: Block

Interior Features

  • Basement: Full, Walk out
  • Flooring: Tile, Laminate, Carpeted, Vinyl Plank
  • Appliances: Washer, Refrigerator, Cooktop - Electric, Cooktop - Propane, Dishwasher, Dryer, Microwave

Exterior & Lot Features

  • Water Source: Municipal water
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.1722

Location & Community

  • Directions: Herring Cove road to Cowie Hill to Margate Drive
  • Common Interest: Freehold
  • Community Features: School Bus, Recreational Facilities

Utilities & Systems

  • Sewer: Municipal sewage system

Tax & Legal Information

  • Parcel Number: 00270876
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Nearby Places

Name
Type
Address
Distance
York Redoubt
Establishment
PURCELLS COVE Rd
0.6 km
Sir Sandford Fleming Park
Park
260 Dingle Rd
1.3 km
Armbrae Academy
School
1400 Oxford St
1.9 km
Halifax Shopping Center
Shopping mall
7001 Mumford Rd
2.0 km
University of King's College
School
6350 Coburg Rd
2.1 km
Dalhousie University
University
6299 South St
2.3 km
Atlantic Superstore
Grocery or supermarket
6139 Quinpool Rd
2.6 km
Long Lake Provincial Park
Park
Goodwood
2.7 km
Maritime Conservatory of Performing Arts
School
6199 Chebucto Rd
2.8 km
J.L. Ilsley High School
School
38 Sylvia Ave
2.8 km
Halifax Independent School
School
3331 Connaught Ave
2.8 km
Gorsebrook Junior High School
School
Halifax
2.9 km

Demographic Information

Neighbourhood Education
Bachelor's degree 65
University / Below bachelor level 20
Certificate of Qualification 15
College 85
Degree in medicine 10
University degree at bachelor level or above 75
Neighbourhood Marital Status Stat
Married 125
Widowed 35
Divorced 70
Separated 20
Never married 135
Living common law 55
Married or living common law 180
Not married and not living common law 255
Neighbourhood Construction Date
1961 to 1980 140
1981 to 1990 25
2001 to 2005 10
2006 to 2010 10
1960 or before 65
More Details?
  • Thariq (Tye) Ali
  • Exit Realty Metro
  • 902-456-4274