18 Gaspereau Avenue, WOLFVILLE

2026-05-03
 

Quick Summary

Location
18 Gaspereau Avenue, WOLFVILLE, Nova Scotia B4P2C4
Price
$549,900 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#202609410

Property Description

Exceptional income potential meets strategic development upside in the heart of the 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. 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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Public Transit, Shopping, Place of Worship

Building

  • Appliances: Stove, Refrigerator
  • Exterior Finish: Vinyl
  • Fireplace: No
  • Flooring Type: Laminate, Linoleum, Tile
  • Building Type: Fourplex
  • Utility Water: Municipal water

Land

  • Land Size: 0.1607 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by Royal LePage Atlantic (New Minas)
Listing information last updated on: 2026-07-02 11:42:39


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$500,000

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Savings calculated using One Percent Realty East Inc's posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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Simple, Transparent Pricing—No Surprises! Our commission structure is designed to save you money while providing top-tier service: • Residential Properties Under $400,000: $7,950 • Residential Properties Between $400,000 and $900,000: $9,950 • Residential Properties Over $900,000: 1% of the sale price + $950 Plus applicable taxes. Optional Flexibility: You have the option to offer additional commission to the buyer's agent. The choice is entirely yours! For commercial properties, farms, or development properties, please contact a One Percent Realty East agent directly or fill out the market evaluation form at the bottom right of our website. An agent will be in touch to discuss your specific needs. It’s that simple. Maximum service, minimum commission!

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