ScotianAtlas
FOR SALE · 14 DAYSMLS® 202621129 · PID 40050866

1562 St Margarets Bay Road

$569,900

ASSESSED $508,100 · 2026

Beds5
Baths3
Living area2,343 sqft
Lot7,501 sqft lot
Built2005
Style1 Storey
$ / sqft$243
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$508,100
Taxable (capped)$474,600
Cap shelter+$33,500
Est. property tax · 2026$4,580/yr

Taxed on $474,600 of a $508,100 assessment$33,500 sheltered by the NS assessment cap, at $0.965 per $100.

HistoryMLS® + REGISTRY
Aug 19, 2026Listed$569,900
May 18, 2023Soldregistry$434,000

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$2,652MORTGAGE $2,652 · TAX $409/MO
Tax, year one$4,903+$323THE CAP RESETS ·
Cash to close$122,529DOWN $113,980 · DTT $8,549 · LEGAL EXTRA

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

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$328,800
2023$403,500
2024$455,800
2025$473,800
2026$508,100

Latest assessment $508,100 vs asking $569,900. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Lakeside median · 2026$312,850
This property$508,100 — in the top quarter
Change 2025 → 2026+$34,300 (+7.2%)

2026 assessments in Lakeside run $70,250 to $607,550 (10th–90th percentile, 486 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area721 m² · 0.18 ac
Perimeter125 m · 411 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 1562 St Margarets Bay Road, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an excellent opportunity for homeowners and investors alike. This income-producing property features a 3-bedroom, 2-bathroom main-level unit with a renovated living room and wood-burning fireplace, open-concept kitchen and dining area with backyard access, main-level laundry, and a spacious primary ensuite with whirlpool tub. The lower level functions as a 2-bedroom, 1-bathroom in-law suite, providing additional living space and rental income. The property currently generates $4,875/month in total rental income, with $2,600/month upstairs and $2,275/month downstairs, including internet and water. Electricity is divided 30/70 between the upstairs and basement. The home also features a private backyard, large deck, and numerous recent upgrades, including a new roof (2023), three heat pumps (2024), finished basement with electrical upgrades, new appliances, regravelled driveway (2026), and smart Mysa thermostats throughout. With strong rental income, flexible living arrangements, and extensive recent improvements, this is a fantastic move-in-ready property in a convenient Lakeside location.

RoomsMLS®

16 measured

Main Floor
Living Room14.8x14.4
Dining Room15x9.3
Kitchen13.3x9.1
Laundry6.2x9.5
Primary Bedroom13.3x13
Ensuite Bath 16.5x9.5
Bedroom9.8x9.6
Bedroom13.4x9.3
Bath 28.8x5.2
Lower Level
Mud Room5.11x9.1
Storage19.11x9.2
Rec Room12.7x9.6
Kitchen12.7x11.8
Bedroom13.10x9.9
Bedroom12.9x10.4
Bath 26.10x9.2
Structure & systemsPVSC + MLS®
StructureNo garage · Finished basement
Bedrooms5
Bathrooms3 full
Living area2,343 sq ft
Stories2
Levels2 Storey
Year built2005
FoundationSlab
ExteriorVinyl Siding
RoofAsphalt
FlooringCarpet · Laminate · Vinyl
BasementPartially Finished · Walk-Out Access
HeatingBaseboard · Fireplace(s) · Ductless
FireplaceYes
INTERIOR
Interior featuresHigh Speed Internet
AppliancesStove · Dishwasher · Washer/Dryer · Microwave
AccessibilityNSAR AUDIT FIELDS
Narrowest doorway32"
Steps at entrancesOver 3 Steps · Three Steps
EntrancesFront/Main Entrance · Side Entrance
ThresholdsBetween 0" - 1/4"

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

Land & titleREGISTRY + MLS®
Lot size7,501 sqft
Lot dimensions2343.29
Lot featuresUnder 0.5 Acres
ZoningR1
RoadPublic
Patio & porchDeck · Patio
Other structuresDeck
PID40050866
AAN04787153
TITLE
OwnershipFreehold
PossessionNegotiable
HSTExempt from HST
Utilities & parkingMLS®
WaterMunicipal
SewerMunicipal
UtilitiesElectric · Cable Connected · Electricity Connected · Phone Connected
Electricity on propertyYes
ParkingGravel
Open parkingYes
SchoolsMLS®

Catchment

ElementaryBeechville Lakeside Timberlea Sr Elementary School
Junior highRidgecliff Middle School
High schoolBay View High School
AreaCIVIC · OPEN DATA
CommunityLakeside
MunicipalityHalifax Regional Municipality
RegionCentral
Polling districtHX12
Map
Map of 1562 St Margarets Bay Road
Listed by Sahej Riar · RE/MAX Nova (Halifax) · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202621129 · Retrieved Sep 2, 2026 · NOT A LEGAL SURVEY