2023/24 gross rents (leases in place) are $50,100 for an approximate net income of $39,899 based on 2021 expenses. All heating is electric (ductless mini splits/ baseboard). Each unit is individually metered, and paid for by tenants. The landlord is responsible for one common element meter that includes one heat pump and one hot water tank (annual cost $1020 in 2021). Four units total: two 2 bedroom units, and two bachelor units. Vendor has had 0 vacant units in 23 years. There are virtual tours for each unit, links available upon request.More details
One-of-a-kind investment property both walkable to Acadian University/Downtown Wolfville and on the banks of the Cornwallis River beside Wolfville Waterfront Park with views of the wetlands and water. This stunning home offers 4 BR upstairs, 1.5 baths, a sunroom and BBQ deck overlooking the river plus a modern 2BR suite with walkout on the lower level, all rented for strong income. Loads of older hardwood flooring and warm wood details are spread throughout the home, with an open-plan main floor that you don't normally see in homes of this age. The outside couldn't be more charming, with grapevines across the front and unobstructed views from Northwest to Southeast due to being beside the park. This home is incredibly walkable in the downtown core and perfect for students or someone looking to just enjoy the charm of Wolfville, seasonally or year round. Check out the virtual tour and floor plans and send us a message for your private viewing.More details
Fantastic opportunity to own a legal fourplex in the heart of Downtown Wolfville! This property has been extensively renovated in 2013 with all new wiring (4 meters with built in fire alarm system), all new plumbing, 4 new kitchens, 5 new bathrooms, new German Viessmann hot water boiler system, revamped hot water heat throughout the building and in floor heat in the 2 bedroom basement apartment, Penthouse is completely self sustained with electric heat and tenant paying all utilities, new exterior decks and exterior stairway entry system for the studio and penthouse, new insulation throughout the building including sprayed foam insulation in the foundation and attic areas, standing seam aluminum metal roof with life expectancy for 100 years+, new windows in basement, penthouse and some in main unit, plus a laundry facility available for all four units (currently not coin operated), and the list goes on! This property doesn’t get any better in terms of proximity to the university and the downtown core! There is a penthouse, studio, 4 bedroom apartment, and 2 bedroom apartment in the basement. Currently the property makes approx. $84,000/year gross. This property's potential, income, location, condition, updates, and proximity to Acadia University make this investment a no brainer!More details
Absolutely unique opportunity to own one of the grand old homes of downtown Wolfville, currently set up as a major money-maker with tenants and a carriage house (with approved ground-floor unit partially complete) converted to long-term rental units. This amazing old home boasts 8 bedrooms and 4 bathrooms in its current form, plus an unfinished 3rd floor attic that could potentially hold two or three more bedrooms plus some common space. Several bedrooms have ensuite baths, and the original grand staircase from the main entry to the second floor is still in place. Lots of character remains, and this home could continue to function as a top-flight investment property or could be converted back to an absolutely incredible single home. Zoning allows up to 8 units subject to municipal approval. The backyard features a circular driveway and a former triple car garage converted into an upstairs 2BR+Den carriage house apartment, with main floor 2 bedroom suite under construction. Check out the virtual tour and floor plan and reach out for your private tour!More details
Welcome to your dream home! This beautiful Dutch Colonial style home is the perfect blend of character, charm and a sense of pride of ownership throughout. Boasting 3 bedrooms and 2 full baths, it is the perfect family home. The main floor offers plenty of space for entertaining in the dining room just off the kitchen, a wonderful sunroom that is perfect for enjoying your morning coffee or relaxing in the evenings, as well as a practical and convenient mudroom & laundry. The home has been thoughtfully updated with brand new main floor windows, plumbing, kitchen countertop and appliances, ensuring that it is ready for you to move in and enjoy immediately. The hardwood floors are beautiful and provide a warm and inviting atmosphere, while the fireplace insert and heat pump provide comfort and efficiency throughout the year. The large private yard is perfect for outdoor entertaining, and the deck provides a lovely spot for summer barbecues. Property includes additional PID #55486732, perfect for building that dream garage, or rental unit! In a prime location just a short walk to both downtown amenities and the university. The metal roof and freshly painted interior add the final touches to this beautiful home. This home is truly a rare find, offering the perfect combination of location, space, and style. Don't miss your chance to make this stunning property your own! Ask your agent today for a copy of the informative brochure!More details
One-of-a-kind investment property both walkable to Acadia University/Downtown Wolfville and on the banks of the Cornwallis River beside Wolfville Waterfront Park with views of the wetlands and water. This stunning home offers 4 BR upstairs, 1.5 baths, a sunroom and BBQ deck overlooking the river plus a modern 2BR suite with walkout on the lower level, all rented for strong income. Loads of older hardwood flooring and warm wood details are spread throughout the home, with an open-plan main floor that you don't normally see in homes of this age. The outside couldn't be more charming, with grapevines across the front and unobstructed views from Northwest to Southeast due to being beside the park. This home is incredibly walkable in the downtown core and perfect for students or someone looking to just enjoy the charm of Wolfville, seasonally or year round. Check out the virtual tour and floor plans and send us a message for your private viewing.More details
Calling all investors! Here is a fantastic investment opportunity in the sought-after, University town of Wolfville, Nova Scotia. This two-building, 6 unit opportunity has had perfect occupancy record, being on the Main Street of Wolfville, only a walk from Acadia University and all that downtown has to offer. The primary home is a Victorian build, with 3 bedroom, 1 bath unit on the main floor and a 3 bedroom, 1 bath unit on the second floor. With Laundry in one unit, there is also a common area space with another washer and dryer. The second building offers 4 x 1 bedroom units, 2 on the main level and 2 on the top level, the top levels come with a loft style of bedroom. This area is in high demand for local rentals, primarily students, who in the main building do shared accommodations. All units are equipped with a refrigerator and stove, included in the sale. Downtown Wolfville is a 5-minute walk away from local restaurants, shopping centres and bars. The local bus service is available and access to major Highway #101 is only a 5-minute drive away, where you will find Halifax and the Halifax international airport approximately an hour away. This fantastic investment opportunity has committed rent rolls for majority of the units until April 2024. The building has also been well maintained and prepped to sell, so future maintenance costs are expected to be lower going forward. Please allow 36 hours notice for showings.More details
Absolutely unique opportunity to own one of the grand old homes of downtown Wolfville, currently set up a s a major money-maker with tenants and a a carriage house (with approved ground-floor unit partially constructed) converted to long-term rental units. This amazing old home boasts 8 bedrooms and 5 bathrooms in its current form, plus an unfinished 3rd floor attic that could potentially hold 2 or 3 more bedrooms plus some common space. Several bedrooms have ensuite baths, and the original grand staircase from the main entry to the second floor is still in place. Lots of character remains, and this home could continue to function as a top-flight investment property or could be converted back to an absolutely incredible single home. The zoning in effect allows for up to 8 units with municipal approval. The backyard features a circular driveway and a former triple car garage converted into an upstairs 2BR+Den carriage house apartment, with main floor 2 bedroom suite approved and under construction. Check out the virtual tour and floor plan and reach out for your private tour!More details
One look at the reviews of this eclectic Inn in downtown Wolfville and you will understand why this is such a fantastic opportunity. Not only is this a perfect way to get into the booming short-term rental business, but as a turnkey property, everything is ready to start welcoming guests. Locust & Starr has been a popular Wolfville destination for years so you can expect the bookings to fill up quick. Located in a stunning century home on Locust Street in Wolfville, the property includes a third-floor owners suite, 2 spacious rental suites on the second floor and a separate, very fun bathhouse that lots of social influencers have raved about. If there is ever a place to offer rentals in rural Nova Scotia, Wolfville is top of the list. It's surrounded by an incredible agri-tourism industry and countless wineries, not to mention being home to Acadia University and the ever-popular Devour Film Festival. This property is perfectly situated to attract everyone from visiting parents, travelling foodies, wine lovers, and so much more! You must see this property for yourself to capture the unbelievable value that it brings. Even converting it back to a single-family home would be amazing given the size and location of this fabulous Inn. Don't wait to book a viewing since a bucket-list opportunity like this, in the heart of Wolfville, won't last long.More details
A rare opportunity to build a multi-unit or subdivide on a large downtown Wolfville lot with ocean views! This large downtown Wolfville lot with unobstructed views of the ocean is a 3.6 acre deep, level lot has a wide road frontage and is mostly cleared. It is within walking distance to all of downtown Wolfville and its hot spots; the perfect place to build and sell to the growing high demand in the area. Wolfville has grown 20% from 2016 to 2022. It is at the top of the list for out of province buyers. Because of its small town feel; beautiful landscape, wineries, close proximity to all amenities, hospitals and HRM. With this high demand the council approvals for multi units is on the rise and this property is a high end lot and is the best in Kings County for future high-end development. If privacy is what you are after; this lot has an existing home, separate guest home and large detached garage for you to dream up your perfect dream home. Let's get you Moving!More details