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1562 St Margarets Bay Road, Lakeside

$564,900

For sale in Lakeside, Nova Scotia

5 Beds3 Baths1,216 sqftSingle Family

1562 St Margarets Bay Road, Lakeside is a 5-bedroom, 3-bathroom, single family home with 1,216 sqft of living space for sale at $564,900 in Lakeside, Nova Scotia. View photos, lot details, and listing information on Acres.

About 1562 St Margarets Bay Road, Lakeside

Welcome to 1562 St Margarets Bay Road, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an excellent opportunity for homeowners and investors alike. This income-producing property features a 3-bedroom, 2-bathroom main-level unit with a renovated living room and 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 functions as a 2-bedroom, 1-bathroom in-law suite, providing additional living space and rental income. The property currently generates $4,875/month in total rental income, with $2,600/month upstairs and $2,275/month downstairs, including internet and water. Electricity is divided 30/70 between the upstairs and basement. The home also features a private backyard, large deck, and numerous recent upgrades, including 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, and extensive recent improvements, this is a fantastic move-in-ready property in a convenient Lakeside location.

Property Details

Address
1562 St Margarets Bay Road, Lakeside
City
Lakeside
Province
Nova Scotia
Property ID
40050866
Type
Single Family
Building Style
2 Level
Building Dimensions
2343.29
Age
21 years
Total Living Area
2,343 sqft

Building Features

Roof
Asphalt Shingle
Exterior
Vinyl
Foundation
Slab
Basement
Partially Developed, Walkout
Flooring
Carpet, Laminate, Vinyl
Heating/Cooling
Baseboard, Heat Pump, Fireplace
Fuel Supply
Electric

Utilities & Services

Drinking Water
Municipal
Sewer
Municipal
Utilities
Electrical, Cable, Telephone, High Speed Internet

Parking & Features

Has Garage
No
Parking
Gravel (driveway)
Waterfront
No

Appliances & Inclusions

Appliances Included
Dishwasher, Microwave, Stove, Washer/Dryer Combo

Additional Information

Listed By
Re/max Nova (halifax)
Status
FOR SALE
Listed
August 19, 2026
Price changed
September 9, 2026
Original listing
View source listing