18 Gaspereau Avenue, Wolfville, NS B4P 2C4
18 Gaspereau Avenue, Wolfville, NS B4P 2C4
18 Gaspereau Avenue, Wolfville, NS B4P 2C4
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Sean Watt

Sean Watt

+1(902) 220-7326
Listed by Kevin Scott • Royal LePage Atlantic (New Minas)
$549,900
Est. payment /mo
4 Beds
7,000 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202609410

Bedrooms 4

HOA Y/N No

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Quadruplex

Source Nova Scotia

Property Description

Exceptional income potential meets strategic development upside in the heart of Wolfville's historic downtown. This prime-location fourplex offers a rare combination of immediate stability and long-term growth within Wolfville's high-demand rental market. The property consists of two spacious two-bedroom units and two efficient bachelor units, supported by a remarkable 26-year track record of consistent occupancy. The current rent roll totals $4,410 per month, representing $52,920 in annualized gross rental income. Each unit is individually metered, with tenants responsible for electricity, supporting efficient and predictable operating costs. Detailed income and expense information is available to qualified buyers. The property also offers opportunities to strengthen future income through natural turnover and targeted cosmetic improvements to kitchens and interior finishes. Whether you are looking for a reliable long-term rental investment or a strategic development pipeline asset, this property allows you to generate income while navigating the design and permitting process for future intensification. Secure your foothold in one of Nova Scotia's most consistent rental markets and get paid to wait for the next phase of Wolfville's downtown evolution.

Location

Province NS

County Kings

Area Kings County

Zoning C-2

Region Annapolis Valley

City Region Annapolis Valley

Rooms

Basement Unfinished

Bedroom 2 5773.33

Dining Room 52920

Kitchen 2031.00

Interior

Heating Baseboard, Ductless

Cooling Ductless

Flooring Laminate, Linoleum, Tile

Equipment No Rental Equipment

Fireplace No

Appliance Stove, Refrigerator

Exterior

Community Features Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Place of Worship

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Garage No

Private Pool No

Building

Lot Description Under 0.5 Acres

Foundation Other

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools Wolfville School

Middle Schools Wolfville School

High Schools Horton High School

Others

Ownership Freehold

ParcelsYN No

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Sean Watt

Sean Watt

+1(902) 220-7326

Agent | N13318

Agent N13318

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