188 m
Distance
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:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Lawrencetown, NS area.
32/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
37/100
Bikable
Bike Score ®
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 17/100.
Source: Realty.com
540 Main Street, Lawrencetown, NS B0S1M0 in Lawrencetown, NS B0S1M0 is a apartment listed at $424,500. Highlights include built in 1907. Realty.ca has 30 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 30 photos of 540 Main Street.
Our records indicate that 540 Main Street was built in 1907.
The full address for this home is 540 Main Street, Lawrencetown, NS B0S1M0.
540 Main Street has been listed on Realty.com since Tue June 23, 2026
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 17/100.
Listing provided courtesy of:
RE/MAX Banner Real Estate(Greenwood)
Listing agent:
Colin Crowell
This content last refreshed on 2026-07-27 14:52:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.