18 Gaspereau Avenue Wolfville, NS B4P 2C4
Listing Courtesy of: NOVA SCOTIA - IDX / Listed By: Royal Lepage Atlantic (new Minas)

  18 Gaspereau Avenue Wolfville, NS B4P 2C4

Active (119 Days)
$549,900 (CAD)

Description

Exceptional income potential meets strategic development upside in the heart of Wolfvilles historic downtown. This prime-location fourplex offers a rare combination of immediate stability and long-term growth within Wolfvilles 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 Scotias most consistent rental markets and get paid to wait for the next phase of Wolfvilles downtown evolution.

MLS®:
202609410
Lot Size
7,000 SQFT
Type
Multifamily
Views
No
County
Kings County

Listed By

Kevin Scott, Royal Lepage Atlantic (new Minas)
Source
NOVA SCOTIA - IDX
Last checked Aug 28 2026 at 3:41 AM EDT
Bathroom Details
Interior Features
  • Appliances : Refrigerator
  • Appliances : Stove
Subdivision
  • V2
Property Features
  • Foundation: Other
Heating and Cooling
  • Baseboard
  • Heat Pump -Ductless
  • Ductless Cooling
Flooring
  • Laminate
  • Linoleum
  • Tile
Exterior Features
  • Vinyl
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Municipal
  • Fuel: Electric
School Information
  • Elementary School: Wolfville School
Garage
  • No
Parking
  • Gravel
  • Multiple Parking Spots for Tenants and Guests
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.