18 Gaspereau Avenue, Wolfville, NS

$525,000

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4

Beds

0.16

Acres

About 18 Gaspereau Avenue

Exceptional income potential meets strategic development upside in the heart of Wolfville’s historic downtown. 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, supported by a remarkable 26-year track record of consistent occupancy. The current rent roll totals $4,410 per month, representing $52,920 in annualized gross rental income. Each unit is individually metered, with tenants responsible for electricity, supporting efficient and predictable operating costs. Detailed income and expense information is available to qualified buyers. The property also offers opportunities to strengthen future income through natural turnover and targeted cosmetic improvements to kitchens and interior finishes. Whether you are looking for a reliable long-term rental investment or a strategic development pipeline asset, this property allows you to generate income while navigating the design and permitting process for future intensification. Secure your foothold in one of Nova Scotia’s most consistent rental markets and get paid to wait for the next phase of Wolfville’s downtown evolution.

Features of 18 Gaspereau Avenue

MLS® # 202609410
Price $525,000
Bedrooms 4
Acres 0.16
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 18 Gaspereau Avenue
Area Annapolis Valley
District Kings County
Sub-District V2
City Wolfville
County Kings
Province NS
Postal Code B4P 2C4

Amenities

Utilities Electricity Connected
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Refrigerator
Heating Baseboard, Ductless
Cooling Ductless
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt
Construction Vinyl Siding
Foundation Other

School Information

Elementary Wolfville School
Middle Wolfville School
High Horton High School

Additional Information

Zoning C-2

Listing Details

OfficeRoyal LePage Atlantic (New Minas)

Listing Map

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