ScotianAtlas
MapFOR SALE · 81DMLS® 202614472 · PID 41357526

1197-1199 St. Margaret's Bay Road

Whole multi-unit property$479,900
BEDS · BATHS4SQUARE FEETNot measured$ / SQFTNot measuredASSESSED 2026$380,800
LISTED BYDavid Yetman · Century 21 All Points
1WHAT IT ISPHOTOS AND THE FACTS THAT DECIDE
PHOTOSMLS® MEDIA © LISTING BROKERAGE
ON THE RECORDRELISTED · 81D SHOWN, 81D TRUEMLS® HISTORY
THE PHYSICAL RECORDMLS® + PVSC
Beds4
Style2 Storey
ABOUT THIS HOMETHE LISTING BROKERAGE’S OWN WORDS

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.

2WHAT IT IS WORTHGOVERNMENT RECORD · 17 YEARS · NO ESTIMATE
ASSESSMENT RECORDPVSC · 2022–2026 · GOVERNMENT RECORD, NOT AN ESTIMATE
2022$198,9002023$253,5002024$351,9002025$388,8002026$380,800

Latest assessment $380,800 vs asking $479,900. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Five most recent assessment years held — the full depth of the published PVSC roll. Nothing is withheld by tier here: no account or membership opens a longer series.

HISTORYREGISTRY SALES OPEN TO EVERYONE · MLS® EVENTS FROM 2026
JUN 15 2026Listed$479,900MLS® 202614472
SEP 14 2020Sold$229,900REGISTRY OF DEEDS
NOV 01 2010Sold$80,000REGISTRY OF DEEDS

MLS® + REGISTRY — every relist, cut, and recorded sale, no wall. The incumbent reserves this table for its clients.

VALUE & TAXESPVSC · GOVERNMENT RECORD
Assessed market · 2026$380,800
Taxable (capped)$209,200
Cap shelter+$171,600
Est. property tax · 2026$2,019/yr

Taxed on $209,200 of a $380,800 assessment — $171,600 sheltered by the NS assessment cap, at $0.965 per $100.

ASSESSMENT IN CONTEXTPVSC · GOVERNMENT RECORD
Beechville median · 2026$557,750
This property$380,800 — in the lower quarter
Change 2025 → 2026−$8,000 (−2.1%)

2026 assessments in Beechville run $277,500 to $697,600 (10th–90th percentile, 1,026 properties). Position within the distribution is a fact of the roll, not an opinion of value.

3WHAT IT COSTS TO OWNARITHMETIC ON PUBLISHED RATES — NOT A QUOTE
OWNING THIS HOME · 20% DOWN · 5% · 25 YRCOMPUTED FROM GOVERNMENT RECORDS · NOT A VALUATION
MONTHLY, ALL IN$2,539MORTGAGE $2,233 · TAX $306/MO
TAX, YEAR ONE$3,675+$1,656 — THE CAP RESETS
CASH TO CLOSE$103,179DOWN $95,980 · DTT $7,199

ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · LEGAL FEES AND ADJUSTMENTS ARE EXTRA AND NOT ON RECORD · SNS DEED-TRANSFER LIST JULY 2026

Listed by David Yetman · Century 21 All Points · MLS® data © Nova Scotia Association of REALTORS®.NOTHING HERE IS PAID PLACEMENT

https://www.scotianatlas.com/listing/202614472 · Retrieved Sep 4, 2026 · NOT A LEGAL SURVEY