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$599,000
5 Beds ⋅ 202613889 MLS
A short walk to downtown Wolfville, this updated duplex offers an excellent opportunity for investors or owner-occupants. The lower 3-bedroom unit is currently rented for $2,400/month, providing immediate rental income, while the extensively updated upper unit is vacant and ready for an owner-occupant or new tenant. The property sits on a large lot with a spacious yard, offering plenty of room for gardening, outdoor play, or entertaining. The majority of updates since 2021 have been completed in the upper unit, including updated flooring, bathroom improvements, kitchen countertops, fresh paint, modern light fixtures, custom blinds, and appliances less than three years old. It also features a new heat pump, pellet stove, and large rear deck overlooking the yard. The bright upper unit offers 2 bedrooms, spacious living room, large eat-in kitchen, generous laundry room with excellent storage, and an oversized bathroom accessible from the primary bedroom and hallway. The bathroom features a freestanding tub and separate shower. The upper unit can also be purchased fully furnished (upper unit only). The lower unit offers 3 bedrooms and has received bathroom updates and various cosmetic improvements. With $2,400/month in current rental income, this unit provides a strong starting point for investors, while the vacant upper unit offers additional income potential. A newly paved driveway provides parking for multiple vehicles, including three cars side-by-side. Separate power meters allow each unit to pay its own electricity and utility costs, helping simplify management and reduce operating expenses. Located just minutes from shops, restaurants, amenities, and Acadia University, this property offers strong rental appeal. Live in the upper unit while collecting $2,400/month below, or rent both units to maximize income potential.

8 Iona Road, Wolfville
$525,000
4 Beds ⋅ 202609410 MLS
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.

18 Gaspereau Avenue, Wolfville