5 Margate Drive, Halifax, Nova Scotia - For Sale $695,000

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$695,000

For Sale

Other 7,500 sqft.

5 Margate Drive, Halifax 42 photos

Type

Other

Units Occupied

N/A

Units Available

Age

Est. Mortgage

Calculating..

Price/Sq. Ft.

N/A

2024 Assessment & Tax

$446,200 $4,975

Lot Size

7,500 sqft

Listing History

10 events over 3 years

Historical Assessment

249% increase (2020-2024)

Has Garage

Land Registry Records

21 (1949 - 2022)

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Occupancy

Possession

Previously Shown By

Listing Owner(s)

Prov. Owner(s)

District

Subdistrict

Postal Code

B3P 1N7

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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... 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. Read More

Listing ID: 202418408 PID: 00270876

Listing History

Public Record Sales 1 record

Taxes/Assessment History

Details

PID:00270876

Type:Other

2 Bedroom Units:2

Bachelor Units:1

Building Dimensions:26x20

Age:81

Listing Parcel Size:7,500 sqft

Prov. Parcel Size:7,500 sqft

Assessed At:$446,200 (2024)

Has Garage:No

Parking:paved parking

Waterfront:No

Appliances Incl.:Cooktop - Electric, Cooktop – Propane, Dishwasher, Dryer, Microwave, Refrigerator, Washer

Inclusions:N/A

Exclusions:N/A

Listed By:Exit Realty Metro

Has PCDS:No

Betterment Charges:N/A

Bank Owned:No

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Civic Data

Zoning

R-2P
By-Law Code: 9

By-Law Area

Halifax Mainland
By-Law Code: HMAIN

Polling District

Halifax West Armdale

Waste Collection

FRIDAY
by REgroup

Building Permits

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Building Permits

	Type	Issued	Status	Est. Value	Last Insp.
	Renovation	2022-09-21	Completed	$10,000	Building - Part 9 - Final
Permit Name Residential Building Permit Permit Number BPRES-2022-08126 Permit Issuance Date 2022-09-21 Permit Status Completed Completed Date 2023-03-06 Expiration Date 2024-09-21 Work Type Renovation Primary Work Scope Renovation Civic Number 3 Street Name MARGATE DR Community HALIFAX Est. Project Value $10,000 Most Recent Inspection Building - Part 9 - Final Type of Structure Dwelling - Backyard Suite Occupancy Type Backyard Suite Existing Residential Units 1 Total End Residential Units 2 Building Footprint Area 77 Number of Storeys 1

Water Permits

	Type	Issued	Status	Last Insp.

Developer Data

The above information is from sources deemed reliable but it should not be relied upon without independent verification.

NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright (C) by the Nova Scotia Association of REALTORS®.

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