2-4 Unit - Multi-Units Investments
1197-1199 St. Margaret's Bay Road
40-Timberlea, Prospect, St. Margaret's Bay
Beechville
B3T 1A7
$479,900
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202614472
- Photos (31)
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Lake-front duplex minutes from Armdale roundabout! Located close to Bayer's Lake, the BLT Rails to Trails system, public transit, schools and with quick access to Highways 102 and 103, this versatile dulpex offers convenience, functionality and investment in a sought-after location. The rear unit (1197) features a loft-style layout with one bedroom + kitchen/living room, 1 bathroom and a private balcony overlooking Lovett Lake, creating a bright and unique living space. The front unit (1199) offers a spacious two-level layout with 3 bedrooms + den/office space, 1.5 bathrooms, a large kitchen and dining area, living room and generous second level storage. Both units are separately metered, making the property ideal for investors or owner-occupants seeking rental income potential. Recent upgrades include new bathroom floor on the main level (2026), foundation improvements (2026) and new hot water heater (2025). Electrical updates were done in 2020. With the close proximity to shopping, recreation, walking trails, schools and major commuter routes, this property represents an excellent opportunity for multi-living or long term investment.
- St. Margaret's Bay Road to Civic #
- Listing Sub-Area:
- 40-Timberlea, Prospect, St. Margaret's Bay
- Property Type:
- Multi-Family
- Multi-Family Type:
- Duplex
- Title To Land:
- Freehold
- Building Dimenions:
- 52 x 30.6 with jogs
- Lot Size:
- 0 sq. ft.0 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Crawl Space, Partially Developed
- Floor Finish:
- Ceramic, Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Forced Air
- Fuel:
- Electric, Oil
- Garage Description:
- Used for storage
- Parking:
- Yes
- Parking Description:
- Paved, Shared Driveway
- Driveway:
- Paved, Shared Driveway
- Water Supply:
- Municipal
- Water Type:
- Fresh Water
- Sewer:
- Septic
- Num Units:
- 2
- Num 1 Bed Units:
- 1
- Num 3 Bed Units:
- 1
- # Of Dishwashers:
- 2
- # Of Dryers:
- 2
- # Of Fridges:
- 2
- # Of Microwaves:
- 2
- # Of Stoves:
- 2
- # Of Washers:
- 2
- Rental Income:
- 30000
- Taxes Costs:
- 2273
- Heating Bill:
- Tenant Pays
- Electricity Bill:
- Tenant Pays
- Approx. Total Income:
- 30000
- Balcony
- 2 Stoves, 2 Fridges, 2 Dishwashers, 2 Microwaves, 2 Washers, 2 Dryers
- Park, Public Transit, Recreation Center, Shopping
- None
- Deck, Shed
- Lake
- Yes
- 55'16.8 m
- Access: Lake
- Zoning:
- R-1
- Possession Info:
- Negotiable
- Elementary School:
- Beechville Lakeside Timberlea Jr Elementary School
- French Imm Elementary School:
- Beechville Lakeside Timberlea Jr Elementary School
- French Imm High School:
- Bay View High School
- French Imm Middle School:
- Ridgecliff Middle School
- High School:
- Bay View High School
- Middle School:
- Five Bridges Junior High School
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Listed by Century 21 All Points
Data was last updated June 15, 2026 at 09:20 PM (UTC)
Area Statistics
- Listings on market:
- 118
- Avg list price:
- $866,250
- Min list price:
- $275,000
- Max list price:
- $6,600,000
- Avg days on market:
- 49
- Min days on market:
- 3
- Max days on market:
- 602
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. 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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