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A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 1562 St Margarets Bay Rd, Lakeside Nova Scotia B3T 1A9
22 days on Market

1562 St Margarets Bay Rd, Lakeside, Nova Scotia B3T 1A9

Detached
5
3
~2343 sqft
$•••,•••
$564,900
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Detached
5
3
~2343 sqft

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Highlights

Property Estimate

Days on market22 days

Estimated valueNot available

Price/Sqft$241/sqft

Monthly cost

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Description

**?? 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.


Upcoming Open House

Sep 12Sat5:00 PM - 7:00 PM

Property Details

StyleOther
View-
Age of property2005
SqFt~2343 SqFt
Lot Size-
Parking Spaces-
MLS ®Number202621129
Community NameLakeside
Data SourceNSAR
Listing byRE/MAX Nova (Halifax)

Features

Heating: Baseboard, Fireplace(s), Ductless
Basement: Partially Finished, Walk-Out Access

Lower Level Floor

Bath 2

6.10 x 9.2

Bedroom

13.10 x 9.9

Bedroom

12.9 x 10.4

Mud Room

5.11 x 9.1


Features

Patio: Deck, Patio

Property History

Aug 19, 2026
ListedActive
$564,900
22 days on market
history photo preview50
Listing by nsar®
Property listed by RE/MAX Nova (Halifax), Brokerage
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Market Data - Lakeside

Geo Zone Map ThumbnailLakeside

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

7 days

2024

33 days

2023

7 days

New Listings

Past 30 days

3 listings

Compared to

2025

2 listings

2024

0 listing

2023

3 listings

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

1 unit

2023

3 units

Median Sold Price

Past 30 days

$0

Compared to

2025

$555,000

2024

$200,000

2023

$224,250


Population and Demographics

Overview

Total population 89
Average household income $108,257

Age (%)

0 to 19
23%
20 to 34
18%
35 to 49
24%
50 to 64
22%
65 and plus
12%

Household composition (%)

Single family
67%
Single person
28%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
90%
Others
2%
French
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%
Mandarin
1%

House tenancy (%)

Owners
78%
Renters
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget