27 Margaret Lorne Drive, Herring Cove

27 Margaret Lorne Drive, Herring Cove, NS B3V1G9 Photo 1

50 Photos

27 Margaret Lorne Drive, Herring Cove, NS B3V1G9 Photo 2
27 Margaret Lorne Drive, Herring Cove, NS B3V1G9 Photo 3
27 Margaret Lorne Drive, Herring Cove, NS B3V1G9 Photo 4
27 Margaret Lorne Drive, Herring Cove, NS B3V1G9 Photo 5
27 Margaret Lorne Drive, Herring Cove, NS B3V1G9 Photo 6
27 Margaret Lorne Drive, Herring Cove, NS B3V1G9 Photo 7
  • Bedrooms: 7
  • Bathrooms: 6
  • MLS®: 202409933
  • Type: Residential
  • Added: 6 hours ago

Property Details

Well, well, well...here she is! A lucrative, very well-maintained income property with a massive five bedroom main unit, 2 x one bedroom units AND 1 x bachelor backyard suite. No detail has been overlooked here! Live in the overly spacious main unit of the home with your family and take advantage of additional income via rent or AirBnb. Alternatively, this property would make a great generational family home with aging parents and/or young adult children in the additional units. She's all buttoned up - the entire property is conforming. This is a rare opportunity for a savvy investor to add to their portfolio or simply a savvy buyer who wants their mortgage paid down with rental income while living in the home. The backyard space is truly the cherry on top. A big ol' pool, hot tub, and outdoor shower makes entertaining a breeze and would be quite attractive for your guests staying in the suites. There's also tons of parking available with a large circular driveway with a double detached garage tucked to the side. All secondary suites are vacant (no tenants) and ready to earn you money! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • List AOR: NSAR
  • Flooring: Hardwood, Laminate, Ceramic Tile
  • Year Built: 1982
  • Directions: Herring Cove Road to Herring Cove, left on Hebridean Drive, left on John Brackett Drive, left on Margaret Lorne Drive
  • Photos Count: 50
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 40269011
  • Structure Type: Fourplex
  • Common Interest: Freehold
  • Parking Features: Gravel
  • Exterior Features: Vinyl
  • Community Features: School Bus
  • Foundation Details: Concrete Perimeter
  • Lot Size Dimensions: 1.4277
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Nearby Places

Name Type Address Distance
Herring Cove, Nova Scotia It is near the western approaches to Halifax Harbo... 0.3 km
HMS Tribune (1796) The British captured her and took her into service... 0.9 km
Long Pond (Herring Cove, Nova Scotia) It is used both for swimming in the summer and ska... 1.5 km
Halibut Bay, Nova Scotia Halibut Bay is a rural community of the Halifax Re... 2.6 km
York Redoubt It was designated a National Historic Site of Cana... 2.7 km
Falkland, Nova Scotia The community is likely named for Lucius Cary, 10t... 2.8 km
Ferguson's Cove, Nova Scotia The first 3 digits of the postal code in the area ... 3.1 km
Connaught Battery It took its name from the then Governor General of... 3.5 km
Green Acres, Nova Scotia Not to be confused with Green Acres the Subdivisio... 3.9 km
McNabs Island The island was first settled in 1780s by Peter McN... 4.5 km
Purcell's Cove, Nova Scotia Purcell's Cove is named after Bill Purcell who fer... 4.8 km
Halifax Harbour Halifax Harbour is a large natural harbour on the ... 4.9 km
Similar Houses Stat in Herring Cove
We have found 6 Houses that closely match the specifications of the property located at 27 Margaret Lorne Drive with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 799,000 and 1,195,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the B3V1G9 postal code area of Herring Cove Nova Scotia Canada.
27 Margaret Lorne Drive mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 27 Margaret Lorne Drive. The current price of the property is $1,249,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $999,920. This would result in a monthly mortgage payment of $5,845 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 65
University / Above bachelor level 10
Certificate of Qualification 25
College 80
Degree in medicine 10
University degree at bachelor level or above 85

Neighbourhood Marital Status Stat

Married 250
Widowed 35
Divorced 40
Separated 10
Never married 135
Living common law 55
Married or living common law 310
Not married and not living common law 220

Neighbourhood Construction Date

1961 to 1980 50
1981 to 1990 60
1991 to 2000 50
2001 to 2005 20
1960 or before 65
Comparison of 27 Margaret Lorne Drive, Herring Cove, NS with Nearby Houses
Nearby Cities Listings Avg. price
Halifax Real Estate 184 $925.660
Bouctouche Real Estate 74 $181.500
Dartmouth Real Estate 61 $704.361
Brighton Real Estate 106 $841.781
Stratford Real Estate 75 $540.319
Riverview Real Estate 64 $550.979
Dieppe Real Estate 133 $641.010
Charlottetown Real Estate 183 $527.025
Popular Cities Listings Avg. price
Moncton Real Estate 336 $525.901
St John S Real Estate 363 $564.245
Ottawa Real Estate 2226 $875.034
Kawartha Lakes Real Estate 518 $927.857
Oshawa Real Estate 452 $966.780
Whitby Real Estate 337 $1.196.017
Fort Erie Real Estate 363 $922.019
Other Real Estate 1397 $991.481
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