1203 St Margaret's Bay Road
40-Timberlea, Prospect, St. Margaret's Bay
Beechville
B3T 1A7
$1,160,000
Residential
beds: 5
baths: 4.0
2,501 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 202606856
- Bedrooms:
- 5
- Bathrooms:
- 4
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Rare find in Halifax! Facing Lovett Lake in Beachville and located less than 15 minutes from Downtown Halifax, this newly constructed legal two-unit home offers beautiful lake views, peaceful surroundings, and excellent income potential. Ideal for buyers looking to live in one unit and offset their mortgage, or for investors seeking a strong addition to their portfolio, this property offers flexibility, comfort, and value. The upper unit spans two levels and features a bright, open layout with 3 bedrooms and 2.5 bathrooms. The main level includes an open-concept kitchen, dining, and living area with quartz countertops, modern finishes, in-unit laundry, and a convenient half bath. Upstairs, you will find three well-appointed bedrooms and two full bathrooms, including a spacious primary suite with its own ensuite and walk-in closet. The lower unit offers 2 bedrooms, kitchen, living and dining area, laundry, and a full bathroom. With two legal units, separate civic numbers, separate power meters, individual 200-amp electrical panels, and energy-efficient heat pumps for both units, this property is ideal for owner-occupants or investors. Appliances are included for both units. Enjoy quiet, nature-filled living with beautiful water views, all just minutes from the city. Estimated rental income potential is approximately $34,000 per year from the lower unit while living upstairs, or around $80,000 annually if both units are rented. This is a rare Beachville offering that combines lifestyle, convenience, and exceptional income potential in one impressive package.
- St Margaret's Bay Road. Property on Lovett Lake side
- Listing Sub-Area:
- 40-Timberlea, Prospect, St. Margaret's Bay
- Property Type:
- Residential
- Residential Type:
- Single Family
- Residential Style:
- Detached
- Title To Land:
- Freehold
- Home Style:
- 3 Level
- Exterior Finish:
- Vinyl
- Age:
- 0
- Bedrooms:
- 5
- Bedrooms Above Grade:
- 5
- Bedrooms Below Grade:
- 0
- Full Bathrooms:
- 3
- Half Bathrooms:
- 1
- Main Living Area:
- 2,501 sq. ft.232 m2
- Floor Area:
- 2,501 sq. ft.232 m2
- Building Dimenions:
- 37 x 23
- Prop Size:
- Under 0.5 Acres
- Lot Size:
- 6,003 sq. ft.558 m2
- Zoning:
- R-1
- Water Type:
- Fresh Water
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Foundation:
- Poured Concrete
- Floor Finish:
- Laminate, Vinyl
- Roof:
- Asphalt Shingle
- New Constr.:
- Yes
- Construction Status:
- Foundation/Slab
- Basement:
- None
- Heating:
- Baseboard, Heat Pump -Ductless, Ductless Cooling
- Fuel:
- Electric
- Utilities:
- Electricity, High Speed Internet, Telephone
- Driveway:
- Gravel, Parking Spaces(s), Paved
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 15'4.57 m × 11'3.35 m
- Main Floor
- Eat In Kitchen
- 22'6.71 m × 8'2.44 m
- 3rd Level
- Primary Bedroom
- 16'4.88 m × 13'3.96 m
- 3rd Level
- Bedroom
- 12'6"3.81 m × 7'6"2.29 m
- 3rd Level
- Bedroom
- 14'7"4.45 m × 9'2.74 m
- + 7x4
- Lower Level
- Living Room
- 10'3.05 m × 8'2.44 m
- Lower Level
- Kitchen
- 10'3.05 m × 9'2.74 m
- Lower Level
- Bedroom
- 13'7"4.15 m × 7'2.13 m
- + 7.5x2
- Lower Level
- Bedroom
- 13'7"4.15 m × 7'2.13 m
- + 7.5x2
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 3rd Level
- Yes
- 3
- 3rd Level
- No
- 2
- Lower Level
- No
- 3
- Ensuite Bath, Secondary Suite
- None
- Stove, Dishwasher, Dryer, Washer, Microwave Rng Hd Combo, Refrigerator
- Park, Playground, Public Transit, Recreation Center, Place of Worship, Beach
- Partially Cleared, Partial Landscaped
- Lake
- Yes
- 50'15.2 m
- View: Lake
- Rental Income:
- Potential
- Possession Info:
- Negotiable
- Elementary School:
- Beechville Lakeside Timberlea Jr
- Middle School:
- Redcliff Middle School
- High School:
- Bay View High School
Larger map options:
Listed by Keller Williams Select Realty
Data was last updated April 11, 2026 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 142
- Avg list price:
- $714,900
- Min list price:
- $219,000
- Max list price:
- $3,495,000
- Avg days on market:
- 35
- Min days on market:
- 1
- Max days on market:
- 385
- Avg price per sq.ft.:
- $322.04
These statistics are generated based on the current listing's property type
and located in
40-Timberlea, Prospect, St. Margaret's Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca

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