540 Main Street, LAWRENCETOWN

2026-06-23
 

Quick Summary

Location
540 Main Street, LAWRENCETOWN, Nova Scotia B0S1M0
Price
$424,500 CAD
Status:
For Sale
Property Type:
Single Family
Area:
2592 sqft
Bedrooms:
6
Bathrooms:
5
Year of Construction:
1907

MLS®#202615296

Property 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:32467)

Property Features

Ammenities Near By

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

Building

  • Appliances: Stove, Dishwasher, Refrigerator
  • Basement Development: Unfinished
  • Basement Features: Walk out
  • Basement Type: Full (Unfinished)
  • Construction Style: Detached
  • Cooling Type: Air Conditioned
  • Exterior Finish: Vinyl, Wood siding
  • Fireplace: No
  • Flooring Type: Hardwood, Laminate, Wood, Tile
  • Interior Size: 2592 sqft
  • Building Type: House
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Treed, Walk-In Closet

Land

  • Land Size: 0.3113 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by RE/MAX Banner Real Estate(Greenwood)
Listing information last updated on: 2026-06-28 11:47:47


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$500,000

Your One Percent Realty Commission savings

$500,000

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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Q
What is the deal exactly, with One Percent Realty East?

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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What do you charge?

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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