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1562 St Margarets Bay Road
40-Timberlea, Prospect, St. Margaret's Bay Lakeside B3T 1A9

$564,900
Residential beds: 5 baths: 3.0 2,343 sq. ft. built: 2005

Main Photo: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 1: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 2: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 3: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 4: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 5: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 6: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 7: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 8: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 9: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 10: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 11: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 12: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 13: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 14: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 15: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 16: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 17: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 18: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 19: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 20: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 21: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 22: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 23: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 24: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 25: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 26: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 27: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 28: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 29: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 30: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 31: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 32: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 33: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 34: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 35: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 36: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 37: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 38: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 39: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 40: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 41: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 42: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 43: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 44: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 45: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 46: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 47: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 48: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 49: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Photo 50: 1562 St Margarets Bay Road in Lakeside: 40-Timberlea, Prospect, St. Margaret's Bay Residential for sale (Halifax-Dartmouth)  : MLS®# 202621129
Status:
Active
Prop. Type:
Residential
MLS® Num:
202621129
Bedrooms:
5
Bathrooms:
3
Year Built:
2005
**?? RENTAL INCOME ALERT — $4,875/MONTH!** Welcome to **1562 St Margarets Bay Road**, a beautifully maintained Prestige Homes property in the heart of Lakeside offering an incredible opportunity for homeowners, investors, and house-hackers. The property features a **3-bedroom, 2-bathroom main-level unit** plus a **2-bedroom, 1-bathroom lower-level in-law suite**, generating a combined **$4,875/month in rental income**. The main level offers a renovated living room with 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 provides additional living space and income potential. Recent upgrades include 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, a private backyard and large deck, this move-in-ready property offers exceptional versatility in a convenient Lakeside location.
On St. Margarets Bay Rd
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:
2 Level
Exterior Finish:
Vinyl
Year built:
2005 (Age: 21)
Age:
21
Bedrooms:
5
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Full Bathrooms:
3
Half Bathrooms:
0
Main Living Area:
1,216 sq. ft.
Floor Area:
2,343 sq. ft.
Building Dimenions:
2343.29
Prop Size:
Under 0.5 Acres
Lot Size:
7,501 sq. ft.
Zoning:
R1
Water Supply:
Municipal
Sewer:
Municipal
Foundation:
Slab
Floor Finish:
Carpet, Laminate, Vinyl
Roof:
Asphalt Shingle
New Constr.:
No
Basement:
Partially Developed, Walkout
Heating:
Baseboard, Fireplace, Heat Pump -Ductless
Fuel:
Electric
Utilities:
Cable, Electricity, High Speed Internet, Telephone
Parking Description:
Driveway
Driveway:
Gravel
Floor
Type
Size
Other
Main Floor
Living Room
14'10" × 14'5"
Main Floor
Dining Room
15' × 9'4"
Main Floor
Kitchen
13'4" × 9'1"
Main Floor
Laundry
9'6" × 6'2"
Main Floor
Primary Bedroom
13'4" × 13'
Main Floor
Bedroom
9'10" × 9'7"
Main Floor
Bedroom
13'5" × 9'4"
Lower Level
Mud Room
9'1" × 5'1"
Lower Level
Storage
19'1" × 9'2"
Lower Level
Rec Room
12'8" × 9'7"
Lower Level
Kitchen
12'8" × 11'10"
Lower Level
Bedroom
13'1" × 9'11"
Lower Level
Bedroom
12'11" × 10'5"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
-
6'6" x 9'6"
Main Floor
No
-
8'10" x 5'2"
Lower Level
No
-
6'1" x 9'2"
Deck, Patio
None
Stove, Dishwasher, Washer/Dryer Combo, Microwave
No
Assessment:
508100.0
Assessment Year:
2026
Rental Income:
Potential
Possession Info:
Negotiable
Elementary School:
Beechville Lakeside Timberlea Sr Elementary School
Middle School:
Ridgecliff Middle School
High School:
Bay View High School
French Imm Elementary School:
Beechville Lakeside Timberlea Sr Elementary School
French Imm Middle School:
Ridgecliff Middle School
French Imm High School:
Bay View High School
Listed Date:
Days on Mkt:
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Listed by RE/MAX Nova (Halifax)
Data was last updated October 8, 2026 at 07:20 AM (UTC)
Area Statistics
Listings on market:
166
Avg list price:
$732,450
Min list price:
$199,900
Max list price:
$3,595,000
Avg days on market:
58
Min days on market:
2
Max days on market:
468
Avg price per sq.ft.:
$327.94
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.
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Chuck Groocock
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Office: 902-453-9300