8 Iona Road (MLS® 202613889)

Wolfville, NS, B4P 2H1

Summary

MLS ®:
 202613889
Price:
 $645,000
Status:
 Active
District:
 DIKIN
Zoning:
 R3
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 41,400 YEAR
Laundry Income:
 0
Other Income:
 0
Income Details:
Call 902-499-7886

Expenses

Management Expense:
 0
Water & Sewage Expense:
 UNIT A- $547.63 UNIT B-$584.61
Insurance Expense:
 1353.71
Tax Costs:
 4863.38
Electricity Bill:
 UNIT A- $2346 UNIT B- $3891
Expense Details:
Call 902-499-7886

Property Overview

8 Iona Road, Wolfville (MLS® 202613889): Just a short walk to downtown Wolfville, this updated up/down duplex presents an excellent opportunity for investors or owner-occupants seeking mortgage/rental income. Situated on a large lot with a spacious yard, there's plenty of room for gardening, outdoor play, or entertaining. Extensively updated since 2021, both units have benefited from significant cosmetic improvements, including updated bathrooms, fresh paint, modern light fixtures, custom blinds, new appliances, all less than three years old. The upper unit also features a new heat pump, pellet stove, and durable vinyl plank flooring throughout most living areas. The bright upper-level unit offers 2 bedrooms, a spacious living room, a large eat-in kitchen with ample cabinet space and natural light, a generous laundry room with excellent storage, and an oversized bathroom accessible from both the primary bedroom and hallway. The bathroom features a freestanding tub, separate shower, and plenty of room for busy mornings. The upper unit also enjoys a large rear deck overlooking the yard and also can come fully furnished (UPPER UNIT ONLY). The lower unit offers a similar layout with 3 bedrooms. The area beneath the upper laundry room serves as the lower-level bathroom, while the space corresponding to the large upper bathroom has been configured as an additional bedroom, creating a functional and desirable three-bedroom unit. A newly paved driveway provides parking for multiple vehicles, with space for three cars side-by-side. Separate power meters allow tenants to pay their own electricity and utility costs, helping reduce operating expenses and simplify management. Located just minutes from shops, restaurants, amenities, and Acadia University, this property offers strong rental appeal. The upper unit is an owner-occupied arrangement and could offer additional revenue potential if rented at full market occupancy. This is a turnkey investment in the Valley's most sought-after community, don't miss out!

Listing Courtesy of: MacKay Real Estate Ltd.

Directions

From Main Street, turn onto Gaspereau Avenue, turn left onto Iona, property on left

Building Specs.

Building Age:
30
Building Dimensions:
40' x 32'
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Laminate, Linoleum, Tile, Vinyl Plank
Heating & Cooling:
Baseboard, Heat Pump -Ductless, Stove
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
None
Parking:
Paved, double or triple wide
Driveway/Parking:
Double, Paved

Features

Air Conditioning, Apt Conforming, Dining Room, Ensuite Bath, Laundry, Main Flr Fam Rm, Power, Storage, Telephone

Community Features

Golf Course, 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

Inclusions

Fridge x2, Stove x2, Washer x2, Dryer x2, Shed x2, Furniture in UPPER UNIT ONLY

Exclusions

Primary bedroom- two dressers, tv, Book shelf, Chest. Kitchen- Bar stand. Livingroom- TV

Rental Equipment

None

Map

Contact Agent


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