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$424,500
202615297 MLS
Income property and equity-building opportunity in picturesque Lawrencetown: a beautifully maintained two-storey century home thoughtfully converted to a seven-unit residential suite home with furnished, move-in-ready accommodations for mature tenants on fixed-term leases. With approximately $65,700 gross potential annual income and a stable, professionally managed tenant base drawn from nearby College of Geographic Sciences and the local mature community, this property offers the rare advantage of letting others pay your mortgage while you build equity and create meaningful housing solutions in Nova Scotia. The home features five bathrooms (three are ensuites), all units sharing a common kitchen facility, and recently upgraded infrastructure that speaks to quality and longevity: roof (2025), fresh exterior paint and siding, 200-amp electrical panel, and water heaters (2024). Full municipal water and sewer. A ground-level eighth suite could very easily be created if desired, offering upside potential for income expansion. The exceptional 0.31-acre riverfront lot borders the serene Annapolis River with a peaceful sitting area overlooking the water-a rare amenity in multi-unit investments and a valued retreat for tenants and owners alike. The building's solid construction and excellent overall condition mean it could easily revert to single-family use, adapt to alternative income models, or serve multiple families sharing expenses-depending entirely on your vision. WETT-certified wood stove insert provides supplemental heating. All appliances and nearly all furnishings remain with the property, ensuring ease of consistent occupancy and turnover. Whether you are seeking to enter the income property market, expand an existing portfolio, or address the housing demands facing the Valley, this property delivers reliable returns, professional operations, and the satisfaction of providing quality housing to those in genuine need of stable accommodation. A rare find!

540 Main Street, Lawrencetown
$359,900
8 Beds ⋅ 202608846 MLS
Does high income rent and future development potential sound like something you're looking for? Well, look no further! 600 Main St. Lawrencetown Nova Scotia in the Annapolis valley is brimming with potential. Currently rented are 2 x 2-bedroom 1-bathroom apartments with heat pumps and one 4-bedroom 2-bathroom apartment! The building has separate meters for all units and coin operated laundry! Further to that a large detached and wired garage is on site. But that's not all this property has to offer, with R2 zoning this would allow for the option to build a second dwelling on the property to allow you to have even further income. (plans to be confirmed by the municipality). The village of Lawrencetown is blossoming with, restaurants ,cafes, bakeries, breweries, wineries, amenities, NSCC COGS, and home to the Annapolis Valley Exhibition. This property could also make a great house hacking opportunity to supplement the majority of your mortgage while building equity! Reach out to your realtor of choice today and check it out!

600 Main Street, Lawrencetown