“Location, location, location!” Known as 'The Gables' this beautiful, historic (early to mid 1800’s) stately four-plex with curb appeal offers the finest apartments in high-demand Annapolis Royal. This wonderful, classic building has stately curb appeal and presence, quietly set back from St. George Street. Fully occupied with consistent quality rental history due to sought-after character-filled apartments. Adjacent to the Health Centre, on Valley bus route, sidewalk into downtown, nearby trails, it boasts lush plantings, good paved parking for tenants and guests on the spacious lot featuring lawns, old stone walls and a semi-circular drive. Heavy lifting done: entire new roof (2023), exterior paint (2024) with new shutters. Additionally, there is significant upward room in the current rental ceiling. Averaging ~1100 sqft per unit each apartment enjoys windows on 3 sides, a generous living room, bedrooms and centre hall giving each the feel of home; all suites 2-bedroom plus den/office/family/ or dining room. All units boast gleaming real hardwood floors, a handsome fireplace (non-functional). Many upgrades: vanities, LED with track and pot lighting, fire alarm system, thermal entrance doors, vinyl windows throughout. Most rooms freshly painted. This is a PRIME building in a PRIME location! Easy walking distance to school, Historic Gardens, churches, restaurants/cafes/bakeries, museums, pool, tennis courts, library, farmer’s markets, the Community Hub, theatre, walking trails, amphitheatre, and all other amenities offered in historic & vibrant Annapolis Royal. Fibre-op internet is available. A very special investment opportunity to carry forward 'The Gables' honoured legacy. Renovated owner’s suite with Ikea kitchen open to family room. You could even live in one of the apartments if you're lucky enough that one becomes available! Fully occupied, well-maintained. Mix of annual and monthly leases at new owner’s option.
At intersection/lights in Annapolis Royal head eastbound for ~1.2km to civic 789/791 St George Street (adjacent hospital).
Listing Sub-Area:
Annapolis County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
(49'x72') - (jog 35'x13')
Outside Dimenions:
(49'x72') - jog (25'x13')
Lot Size:
0.62 acre(s)0.25 hectare(s)
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1870
(Age: 155)
Age:
154
# Floors:
2
Exterior Finish:
Vinyl, Wood Siding
Foundation:
Stone
Basement:
Crawl Space, Partial, Undeveloped
Floor Finish:
Ceramic, Hardwood
Roof:
Asphalt Shingle
Heating:
Heat Pump -Ductless, Hot Water
Fuel:
Oil
Parking:
Yes
Parking Description:
Paved, Spaces - two spaces per unit
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
$968.49
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
4
# Of Dishwashers:
1
# Of Dryers:
3
# Of Fridges:
4
# Of Stoves:
4
# Of Washers:
3
Rental Income:
Yes, $77880
Approx. Net Income:
$47702
Insurance Expense:
$3,224
Taxes Costs:
$6,149
Snow / Garbage Collection:
$483
Heating Bill:
$15,607
Electricity Bill:
$668.71
Approx. Total Expense:
$29,728
Approx. Total Income:
$77880
FS x 4, DW x 1, WD x 3
Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Marina, Place of Worship, Beach
Data was last updated July 6, 2025 at 05:20 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$489,900
Min list price:
$135,000
Max list price:
$1,275,000
Avg days on market:
40
Min days on market:
2
Max days on market:
368
These statistics are generated based on the current listing's property type
and located in
Annapolis County. Average values are
derived using median calculations.