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.
Main Street in Wolfville to Gaspereau Avenue, head south and watch for civic #18 on the right hand side along with Kevin Scott Real Estate Team / Royal LePage Atlantic for sale sign.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Outside Dimenions:
Irregular
Lot Size:
7,000 sq. ft.650 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
4
Exterior Finish:
Vinyl
Foundation:
Other
Basement:
Undeveloped
Floor Finish:
Laminate, Linoleum, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Parking:
Yes
Parking Description:
Multiple parking spots for tenants and guests
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
1685.38
Sewer:
Municipal
Num Units:
4
Num Bachelor Units:
2
Num 2 Bed Units:
2
# Of Fridges:
4
# Of Stoves:
4
Rental Income:
Yes, 52920
Approx. Net Income:
13092.04
Insurance Expense:
2031.00
Taxes Costs:
5773.33
Other Costs:
1074.32
Maintenace:
1449.01
Snow / Garbage Collection:
1080.00
Approx. Total Expense:
13092.04
Approx. Total Income:
52920
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated August 9, 2026 at 06:30 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$524,950
Min list price:
$285,000
Max list price:
$2,250,000
Avg days on market:
102
Min days on market:
5
Max days on market:
569
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.