Welcome to 606 Main Street, where location meets impressive cash flow. This exceptional income property is bringing in close to $130,000 annually, a rare find in one of Nova Scotia’s most sought-after rental markets. Located just steps from Acadia University and downtown Wolfville, the property features a beautifully maintained century home and a fully detached, newly renovated carriage house. The carriage house includes two self-contained 2-bedroom units, with the lower level completed in 2025 and featuring brand new finishes and a privacy fence. Inside the main home, you’ll find two spacious 4-bedroom units across two finished floors. Significant upgrades completed in 2020 include a new sewer lateral, added bathrooms, laundry, and full kitchens, maximizing rental appeal and long-term value. With now three separate power meters, fixed-term leases in place until May 1, and some utilities now covered by tenants. this property offers a high-return opportunity. There’s even potential to finish the attic for added revenue. Turn-key, income-producing, and ideally located — this is Wolfville investment real estate at its best.
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Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
0.69 acre(s)0.28 hectare(s)
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1921
(Age: 104)
Age:
104
Exterior Finish:
Vinyl
Foundation:
Concrete, Stone, Other
Basement:
Full, Undeveloped
Floor Finish:
Carpet, Ceramic, Hardwood, Linoleum, Vinyl
Roof:
Asphalt Shingle
Heating:
Hot Water, In Floor, Radiant, Radiator
Fuel:
Electric, Oil
Garage Description:
Single Car Garage in Carriage House
Driveway:
Circular, Parking Spaces(s), Paved, Shared
Water Supply:
Municipal
Water And Sewage:
$120
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
2
Num 4 Bed Units:
2
# Of Dishwashers:
1
# Of Dryers:
4
# Of Fridges:
4
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Yes, $10,550/month
Approx. Net Income:
$87,600
Insurance Expense:
$600
Taxes Costs:
$800
Heating Bill:
$1230
Electricity Bill:
$500
Approx. Total Expense:
$39,000
Approx. Total Income:
$126,600
Ensuite Bath, Laundry, Secondary Suite
F,S,W,D x4
Park, Playground, Public Transit, Recreation Center, Shopping
Data was last updated June 6, 2025 at 11:20 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$495,000
Min list price:
$289,000
Max list price:
$1,390,000
Avg days on market:
35
Min days on market:
2
Max days on market:
469
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.