$424,500
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540 Main Street, Lawrencetown, NS B0S1M0

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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)

Listing By: Colin Crowell - RE/MAX Banner Real Estate(Greenwood)
Source: CREA #202615297 Listing provided courtesy of Canadian Real Estate Association
  • MLS® 202615297
  • Date Listed06/23/2026
  • Days on Realty 98 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 13,560 sq. ft
  • Sewer Public Sewer
  • Property Type Apartment
  • Year Built 1907
  • Water Public

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove
  • Flooring Hardwood, Laminate, Vinyl
  • Cooling Air Conditioned
  • Heating Heat Pump, Baseboard heaters, Forced air, Oil, Electric, Ductless

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 13,560.23
  • Lot Features -

Directions

Main Street (Highway 1) Lawrencetown

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for B0S1M0

Discover key demographics, population statistics, and environmental insights for the Lawrencetown, NS area.

Walkability in NS / B0S1M0

Source: Walk Score

32/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

37/100

Bikable

Bike Score ®

Overview

Most errands require a car. 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: 2/100, Transit Score: 0/100, Bike Score: 17/100.

Points of Interest near 540 Main Street, Lawrencetown, NS B0S1M0

Frequently Asked Questions for 540 Main Street

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 2026-09-29 11:07:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.