Share
$424,500
Nova Scotia,Lawrencetown
For Sale Active
540 Main Street, Lawrencetown, Nova Scotia B0S1M0
  • 6
  • 5
  • 2,592 Sqft
Contact Seller
Basic Details
Description

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! (id:62650)

Read More
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 202615296
  • Price: $424,500
  • Bedrooms: 6
  • Bathrooms: 5
  • View: River view
  • Square Footage: 2,592 Sqft
  • Year Built: 1907
  • Status: Active
  • Office Name: RE/MAX Banner Real Estate(Greenwood)
  • Property Sub Type: Single Family
  • Office Key: 52617
Features & Appliances
Features
  • Heating System: Forced air, Baseboard heaters, Electric, Heat Pump, Oil, Ductless
  • Cooling System: Air Conditioned
  • Basement: Walk out, Full, Unfinished
  • Parking: Gravel, Parking Space(s)
  • Exterior Features: Wood siding, Vinyl
  • Flooring: Tile, Laminate, Hardwood, Wood
  • Sewer: Municipal sewage system
  • Waterfront Features: Waterfront on river
Address Map
  • Location: CA, Nova Scotia, Lawrencetown, B0S1M0
  • Street: Main
  • Street Number: 540
  • Street Suffix: Street
  • Longitude: W66° 50' 22.7''
  • Latitude: N44° 52' 54.2''
Additional Information
  • Water Source:
  • Accessibility Features:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 0.3113
  • Stories: 2.0
Powered by REALTOR.ca
Listing updated: 2026-08-07 11:44:52
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Listing Information
  • List Agent Key: 1920022
  • List Office Key: 52617
  • Modification Timestamp: 2026-07-31T03:55:11Z
  • Originating System Name: Nova Scotia Association of REALTORS®
  • Status Change Timestamp: 2026-07-31T03:45:51Z
Powered by REALTOR.ca
Listing updated: 2026-08-07 11:44:52
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!