Share
$549,900
Nova Scotia,Wolfville
For Sale Active
18 Gaspereau Avenue, Wolfville, Nova Scotia B4P2C4
Contact Seller
Basic Details
Description

Exceptional income potential meets strategic development upside in the heart of the Acadia University student housing district in the historic downtown of Wolfville. This prime location fourplex offers a rare combination of immediate stability and long term growth within Wolfville’s high demand rental market. The property consists of two spacious two bedroom units and two efficient bachelor units, all benefiting

from a remarkable track record of zero vacancies over the past 26 years. Financial performance is robust with 2025 gross rents at $56,820 and 2025 Net Operating Income (NOI) of $43,728. The building is highly efficient with electric baseboard and ductless mini split heating. Each unit is individually metered and paid for by the tenants. While currently providing stable cash flow, the in place rents sit below market, offering a clear path to increased NOI through natural turnover and light cosmetic upgrades to kitchens and finishes. Perhaps the most significant advantage is the favorable new C-1 Downtown zoning. This designation allows for increased as of right density and development potential, significantly enhancing the underlying land value. Whether you are looking for a reliable hold for cash flow or an ideal developer pipeline asset, this property allows you to generate strong returns while navigating the design and permitting process for future intensification. Secure your foothold in one of the most consistent rental markets in the province and get paid to wait for the next phase of Wolfville’s downtown evolution. (id:62650)

Read More
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 202609410
  • Price: $549,900
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 52624
Features & Appliances
Features
  • Parking: Gravel
  • Exterior Features: Vinyl
  • Flooring: Laminate, Tile, Linoleum
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Nova Scotia, Wolfville, B4P2C4
  • Street: Gaspereau Avenue
  • Street Number: 18
  • Longitude: W65° 38' 25.2''
  • Latitude: N45° 5' 25.7''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Size Dimensions: 0.1607
Powered by REALTOR.ca
Listing updated: 2026-05-03 14:48:12
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 2144793
  • List Office Key: 52624
  • Modification Timestamp: 2026-05-01T20:20:55Z
  • Originating System Name: Nova Scotia Association of REALTORS®
  • Status Change Timestamp: 2026-05-01T20:20:08Z
Powered by REALTOR.ca
Listing updated: 2026-05-03 14:48:12
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 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.

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!