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One of a Kind

LIVE, WORK, PLAY. This property features a fantastic combination of a detached commercial building (with high-visibility road frontage), a spacious two-storey home, AND private lake frontage. Located half way between Tantallon and Peggy's Cove, the roadside commercial building (with ample parking) offers huge potential for office space, retail, a restaurant or a combination thereof. In addition, the two storey home (which is currently configured as an owner-occupied duplex), could easily be converted into a five bedroom single-family home or be used as a home plus nanny suite or income property. The main level includes three spacious bedrooms; a 5 piece master bath with walk-in closet; an eat-in kitchen with walkout patio; a formal dining room; and a living room view of Fraser Lake. Upstairs, the self contained unit has an open concept layout, a vaulted ceiling, a cozy wood stove and a large balcony overlooking the lake. Two additional bedrooms and a spacious den round out the package. Your own private lakefront is at the back of the property and includes a deck and wharf. All in all, this idyllic property offers numerous opportunities and plenty of income potential! Whether you’re looking to subsidize your living expenses by leasing out the commercial space and extra unit, or vice versa, look no further!

Asking price 
$449,900  $364,914 USD* - £270,435 GBP* - €307,507 EUR*
HST - HST over and
Tradewinds ID# - 10304
MLS  # - 201718065
PID# - 40060923
10491 & 1049 Peggy's Cove Road, Glen Margaret, Halifax County
Tim Hoare
Tim Hoare
Tradewinds Associate
C: 902-222-1508
* denotes required fields

Property Information

  • Approx Building Age:
  • 75
  • Dimensions ±:
  • (30'5 x 66'7) + (16' x 29')
  • Living Area:
  • 5564 sq.ft.
  • Bedrooms:
  • 7
  • Baths Full/Half:
  • 4/0
  • Lot Size ±:
  • 1.4 acres
  • Assessment:
  • $327,000 (2017)
  • Taxes:
  • $2,418 ± (2017)
  • Sewer:
  • Septic
  • Water:
  • Drilled Well
  • Zoning:
  • MU-1
  • Heating:
  • Oil/Wood/Baseboard/Hot Water/Radiant
  • Basement:
  • Slab/None/Other
  • Garage/Other:
  • Attached/1.5/Wired/16' x 29'

Rooms - Level & Size

  • Living Room - Main Floor
  • 14'6 x 20'2
  • Kitchen - Main Floor
  • 14'6x18'+Jog
  • Dining Room - Main Floor
  • 10'8x10'9-Jog
  • Foyer - Main Floor
  • 8'6 x 13'6
  • Master Bedroom - Main Floor
  • 11'3x17'3+Jog
  • Ensuite Bath (5pc) - Main Floor
  • 9' x 11'2
  • Dressing Room - Main Floor
  • 5'2 x 12'4
  • Bath (4pc) - Main Floor
  • 7'6 x 8'3
  • Bedroom - Main Floor
  • 10'9x13'3-Jog
  • Bedroom - Main Floor
  • 7'8x12'-Jog
  • Commercial Building - 2nd Level
  • Kitchen  - 2nd Level
  • 12'4x13'4
  • Front Room - 2nd Level
  • 15'4x23'4-Jog
  • Office - 2nd Level
  • 13'6 x 15'4

Extras

Upstairs Unit Measurements *Living Room 12'10x29'5 *Kitchen 7'4 x 14'6 *Dining Nook 7'10 x 8'6 *Den/Office 13'4 x 22'5 *Bath 5'11 x 9'3 (4pc) *Bedroom 10'11 x 21'6 *Bedroom 9'2 x 21'6+Jog

Commercial Building Dimensions *Den 9' x 13'4-Jog *Front Room Ext. 13' x 13'3-Jog *Storage 8' x 9'9 *Storage 9'9 x 13'4 *Master Bedroom/Office 16'6x29'2-Jog

Exterior Finish

Wood Shingles

Interior Features

Lakefront: 70 ft. ,Lake Access,Lake View

Remarks

The outside dimensions for the commercial building are (30'4 x 38'6) + (14' x 22'10) + (8'2 x 10'1). The detached, wired shed, which was built in 2013, is 12'3 x 22'3, and includes ample storage space in the rafters. The 2017 property tax assessment for the 2 unit dwelling is $312,500 and $14,500 for the commercial building. *HST applicable.

Directions

Highway 103 to Exit 5 (Tantallon). Follow Highway #333 to Glen Margaret. Property is on the left.