498 St Margarets Bay Road, Halifax, NS, B3N 1K4

MLS® # 202424053

Conditionally Sold

Investment In Armdale, Halifax, Nova Scotia

$1,495,000

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SOLD_COND

498 St Margarets Bay Road, Halifax, NS, B3N 1K4

Status:

$1,495,000

Property Information:

A rare opportunity to purchase a purpose built 6 unit building (2-1BR-4-2BR) located just up from the Armdale round-a-bout with a bus stop out front. A solid built building that has been extensively renovated and maintained in the last few years. Each unit has front and back doors and access to a large sunny backyard, hardwood floors throughout the units, 4 of the 6 units have updated/new kitchens and 5 of the 6 units have updated/new bathrooms. 1 unit has not been renovated but is in very good condition. Parking for 2 cars (end/end) for each unit. Check the document section for list of updates and renovations. This building is a buy and hold. A long term building that requires nothing. If you're looking at a solid investment that will bring you years of long term worry free ownership this building should be on your list.

Property Features:

Title to Land: Freehold

Courtesy of: City St Realty

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 498 St Margarets Bay Road, Halifax, NS, B3N 1K4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

30 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

30 hot days expected in 2050

27/100

Moderate-Low

ClimateCheck®

Current data

This property, 498 St Margarets Bay Road , experiences 7 hot days per year at around 26.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 29.8 degrees Celsius.

Projected Avg. Temperature

Past

26.8℃

2050

29.8℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

91/100

High

ClimateCheck®

Current data

This property, 498 St Margarets Bay Road , experiences 11 significant 2-day storms per year, with about 484.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 608.1mm of precipitation per year.

Precipitation Per Storm

Past

484.6mm

2050

608.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 498 St Margarets Bay Road, Halifax, NS, B3N 1K4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$121,008.73

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.23 %

High school certificate or equivalent

21.88 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

18.71 %

University certificate (below bachelor)

1.84 %

University Degree

43.39 %

Commuter

Travel To Work

By Car

77.88 %

By Public Transit

11.9 %

By Walking

4.19 %

By Bicycle

0.8 %

By Other Methods

5.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.47 %

Houses

74.53 %

Own Vs. Rent

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Status:

Property Information:

Property Features:

Market Price Trends

Location of 498 St Margarets Bay Road, Halifax, NS, B3N 1K4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 498 St Margarets Bay Road, Halifax, NS, B3N 1K4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

498 St Margarets Bay Road, Halifax, NS, B3N 1K4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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