Incredible opportunity to own a high income-generating fourplex in the heart of Wolfville. Why invest in multiple properties when you can get have four income streams under one roof? This unique, low-maintenance property offers strong returns with an impressive cap rate and the stability of all fixed-term leases, attracting a community of mature, reliable tenants. The building features three well-appointed 2-bedroom, 1-bath units, along with one spacious 3-bedroom unit complete with two ensuite baths ideal for maximizing rental flexibility and income potential. One unit is offered furnished, creating an excellent opportunity for flexible rental income, while the remaining units provide consistent, long-term revenue, with all tenants paying their own utilities. Ideally situated on the outskirts of town, the property provides a perfect balance of privacy and convenience- walking distance to local amenities, Lightfoot & Wolfville winery, and nearby access to the scenic Harvest Moon Trail. The property also features dedicated tenant parking, adding everyday ease and appeal. Extensive updates since 2020 enhance both value and peace of mind, including a new roof, extensive renovations to Unit A, some new appliances, heat pumps installed in all units, a new sewer lift pump and alarm, and new connection to municipal sewer services. A rare offering in a highly desirable location, this fourplex combines character, convenience, and a dependable income stream. Please note that all interior photos were taken prior to tenant occupancy.
From 101 take exit 10 and head towards Wolfville. Woodman Rd is first right after Lightfoot & Wolfville winery. Civic 18 on LHS.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
20,430 sq. ft.1,898 m2
Prop Size:
3 to 9.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1984
(Age: 42)
Age:
42
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Partially Developed
Floor Finish:
Carpet, Ceramic, Vinyl Plank
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
Two Driveways, Tenant Parking
Driveway:
Multiple Driveways, Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
$1007.26
Sewer:
Municipal
Num Units:
4
# Of Dishwashers:
2
# Of Dryers:
3
# Of Fridges:
4
# Of Microwaves:
1
# Of Stoves:
4
# Of Washers:
3
Rental Income:
Yes, 98169
Approx. Net Income:
$74,734
Insurance Expense:
$5202.63
Taxes Costs:
$13,639
Other Costs:
$1196.42
Maintenace:
592.86
Snow / Garbage Collection:
$1787.20
Approx. Total Expense:
$23,425
Approx. Total Income:
98169
Air Conditioning, Apt Conforming, Laundry, Storage
Unit B is furnished, linens and personal items not included (itemized list of inclusions will be provided). 4 fridges, 4 stoves, 3 washers, 3 dryers, 2 dishwashers
Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
Range - Electric, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Data was last updated September 17, 2026 at 06:30 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$512,450
Min list price:
$285,000
Max list price:
$2,250,000
Avg days on market:
86
Min days on market:
1
Max days on market:
338
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.