ScotianAtlas
PENDING · 107 DAYSMLS® 202611238 · PID 40028128

2395 St. Margarets Bay Road

$624,900

ASSESSED $512,800 · 2026

Beds4
Baths1.5
Living area2,024 sqft
Lot0.64 acres
Built1985
Style2 Storey
$ / sqft$309
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$512,800
Taxable (capped)$269,600
Cap shelter+$243,200
Est. property tax · 2026$2,602/yr

Taxed on $269,600 of a $512,800 assessment$243,200 sheltered by the NS assessment cap, at $0.965 per $100.

HistoryMLS® + REGISTRY
Aug 31, 2026For sale → Pending
Aug 18, 2026Price reducedwas $649,900$624,900
May 19, 2026Listed$699,900

Every relist, cut, and recorded sale, no wall. The incumbent reserves this table for its clients.

Owning this homeCOMPUTED FROM GOVERNMENT RECORDS · NOT A VALUATION
Monthly, all in$2,908MORTGAGE $2,908 · TAX $412/MO
Tax, year one$4,949+$2,347THE CAP RESETS ·
Cash to close$134,354DOWN $124,980 · DTT $9,374 · LEGAL EXTRA

ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · SNS DEED-TRANSFER LIST JULY 2026

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$299,100
2023$378,100
2024$441,400
2025$489,300
2026$512,800

Latest assessment $512,800 vs asking $624,900. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Timberlea median · 2026$469,250
This property$512,800 — between the median and the 75th percentile
Change 2025 → 2026+$23,500 (+4.8%)

2026 assessments in Timberlea run $296,920 to $744,140 (10th–90th percentile, 3,310 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area2,754 m² · 0.68 ac
Perimeter219 m · 717 ft

Compiled from provincial mapping — approximate, not a legal survey. Full dimensions and print live on the Site Plan sheet.

About this home

Welcome to 2395 St. Margaret’s Bay Road in the heart of Timberlea; a spacious riverfront home bursting with potential. Set on a level, landscaped lot with direct riverfront access (125 feet), this property offers a rare opportunity to enjoy waterfront living while being just minutes from everyday conveniences. Inside, the main level features a spacious living room featuring a large bay window that fills the space with natural light. A formal dining room provides the perfect setting for family gatherings, while the bright and functional kitchen offers three included appliances, and plenty of room for future customization and additional cabinetry. Just off the kitchen, the cozy family room opens to the rear deck overlooking the tranquil riverfront; an ideal spot for morning coffee. A 2-piece bath completes the main floor. Upstairs, you’ll find four generously sized bedrooms, all larger than standard rooms, offering plenty of space for growing families. The massive 4-piece bathroom provides excellent functionality today with ample room to add a second sink or further modern updates. Downstairs, the unfinished basement offers abundant dry storage, workshop space, and laundry facilities. Located on the metro transit route and within walking distance to local parks, trails, and lakes, this home combines size, location, and waterfront potential in one compelling package. Just a short 5-minute drive to Bayers Lake Business Park and all its amenities, this is an incredible opportunity for someone looking to invest in a larger home with great bones and endless possibilities.

RoomsMLS®

13 measured

Main Floor
Living Room24 x 17
Dining Room10.3 x 11.4
Kitchen12.11 x 11.4
Family Room12.7 x 23.4
Bath 15.8 x 3.8
2nd Level
Primary Bedroom16 x 14.3
Bedroom12 x 12
Bedroom11.11 x 12
Bedroom14 x 14.3
Bath 210.2 8.3
Basement
Laundry16.8 x 8.9
Storage34.4 x 26.5 - NF
Storage19.2 x 20.6 - NF
Structure & systemsPVSC + MLS®
StructureGarage · No finished basement
Bedrooms4
Bathrooms1 full + 1 half
Living area2,024 sq ft
Stories2
Levels2 Storey
Year built1985
FoundationConcrete Perimeter
ExteriorBrick · Vinyl Siding
RoofAsphalt
FlooringCarpet · Ceramic Tile · Vinyl
BasementUnfinished · Walk-Out Access · Other
HeatingBaseboard
FuelOil
INTERIOR
Interior featuresHigh Speed Internet
AppliancesStove · Dishwasher · Dryer · Washer · Refrigerator
AccessibilityNSAR AUDIT FIELDS
Narrowest doorway30"
Steps at entrancesTwo Steps · No Steps
EntrancesFront/Main Entrance · Rear Entrance
ThresholdsThreshold over 1/2"

Recorded by the listing brokerage in the NSAR accessibility fields — most portals never show these.

Land & titleREGISTRY + MLS®
Lot size0.6352 acres
Lot dimensions34x27
Lot features0.5 to 0.99 Acres · Landscaped · Level
ZoningR1
FrontageWater Frontage: 125 Feet
RoadPublic
WaterfrontRiver Front · River Access · Fresh Water
ViewRiver
Patio & porchDeck
Other structuresDeck
PID40028128
AAN05655706
TITLE
OwnershipFreehold
PossessionQuick Closing Possible
HSTExempt from HST
Utilities & parkingMLS®
WaterMunicipal
SewerMunicipal
UtilitiesElectric · Cable Connected · Electricity Connected · Phone Connected
Electricity on propertyYes
GarageYes
Garage spaces2
Parking spaces4
ParkingAttached · Double · Gravel
SchoolsMLS®

Catchment

ElementaryBeechville Lakeside Timberlea Jr Elementary School
Junior highRidgecliff Middle School
High schoolBay View High School
AreaCIVIC · OPEN DATA
CommunityTimberlea
MunicipalityHalifax Regional Municipality
RegionCentral
Polling districtHX12
Map
Map of 2395 St. Margarets Bay Road
Listed by Ian Angus · Royal LePage Atlantic · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202611238 · Retrieved Sep 3, 2026 · NOT A LEGAL SURVEY