18 Gaspereau Avenue (MLS® 202609410)

Wolfville, NS, B4P 2C4

Summary

MLS ®:
 202609410
Price:
 $525,000
Status:
 Active
District:
 DIKIN
Zoning:
 C-2
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 52920
Approx. Net Income:
 13092.04
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 13092.04
Maintenance Expense:
 1449.01
Snow & Garbage Expense:
 1080.00
Water & Sewage Expense:
 1685.38
Insurance Expense:
 2031.00
Tax Costs:
 5773.33
Other Costs:
 1074.32
Expense Details:
Call 902-499-7886

Property Overview

18 Gaspereau Avenue, Wolfville (MLS® 202609410): 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.

Listing Courtesy of: Royal LePage Atlantic (New Minas)

Directions

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.

Building Specs.

Building Dimensions:
Irregular
Foundation Type:
Other
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate, Linoleum, Tile
Heating & Cooling:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Multiple parking spots for tenants and guests
Driveway/Parking:
Gravel

Community Features

Park, Place of Worship, Playground, Public Transit, Recreation Center, School Bus Service, Shopping

Schools

Elem. School: Wolfville School
Mid. School: Wolfville School
High School: Horton High School

Rental Equipment

None

Map

Contact Agent


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