1203 St Margaret's Bay Road

40-Timberlea, Prospect, St. Margaret's Bay Beechville B3T 1A7

Rare find in Halifax! Facing Lovett Lake in Beachville and located less than 15 minutes from Downtown Halifax, this newly constructed legal two-unit home offers beautiful lake views, peaceful surroundings, and excellent income potential. Ideal for buyers looking to live in one unit and offset their mortgage, or for investors seeking a strong addition to their portfolio, this property offers flexibility, comfort, and value. The upper unit spans two levels and features a bright, open layout with 3 bedrooms and 2.5 bathrooms. The main level includes an open-concept kitchen, dining, and living area with quartz countertops, modern finishes, in-unit laundry, and a convenient half bath. Upstairs, you will find three well-appointed bedrooms and two full bathrooms, including a spacious primary suite with its own ensuite and walk-in closet. The lower unit offers 2 bedrooms, kitchen, living and dining area, laundry, and a full bathroom. With two legal units, separate civic numbers, separate power meters, individual 200-amp electrical panels, and energy-efficient heat pumps for both units, this property is ideal for owner-occupants or investors. Appliances are included for both units. Enjoy quiet, nature-filled living with beautiful water views, all just minutes from the city. Estimated rental income potential is approximately $34,000 per year from the lower unit while living upstairs, or around $80,000 annually if both units are rented. This is a rare Beachville offering that combines lifestyle, convenience, and exceptional income potential in one impressive package.