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:58753)
- MLS® 202609410
- Date Listed05/01/2026
- Days on Realty 89 Days
- Bedrooms -
- Bathrooms
- Lot Size 7,000 sq. ft
- Sewer Public Sewer
- Property Type Quadruplex
- Water Public
Interior Features
- Appliances Refrigerator, Stove
- Flooring Tile, Laminate, Linoleum
- Heating Heat Pump, Baseboard heaters, Electric, Ductless
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT 7,000.09
- Lot Features -
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for B4P2C4
Discover key demographics, population statistics, and environmental insights for the Wolfville, NS area.
75/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
37/100
Bikable
Bike Score ®
Overview
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 18/100.
Frequently Asked Questions for 18 Gaspereau Avenue
Source: Realty.com
18 Gaspereau Avenue, Wolfville, NS B4P2C4 in Wolfville, NS B4P2C4 is a quadruplex listed at $549,900. Realty.ca has 24 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 24 photos of 18 Gaspereau Avenue.
The full address for this home is 18 Gaspereau Avenue, Wolfville, NS B4P2C4.
18 Gaspereau Avenue has been listed on Realty.com since Fri May 01, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 18/100.
Listing provided courtesy of:
Royal LePage Atlantic (New Minas)
Listing agent:
Kevin Scott
This content last refreshed on 2026-07-29 06:06:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.