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Wolfville Properties
21 Prospect Street
Kings County
Wolfville
B4P 1L3
$1,285,000
Multi-Family
built: 1907
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202510355
- Year Built:
- 1907
- Photos (49)
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Welcome to the Oakes House a landmark Queen Anne Revival property ideally located just steps from Acadia University and downtown Wolfville. This fully leased, income-generating multi-unit gem offers investors a rare opportunity to acquire a character-rich property with strong, consistent returns. The main house spans three floors, each configured as a separate 3-bedroom units, each, fully rented. In addition, a charming 3-bedroom unit in the detached Carriage House completes the offering. In total, this well-managed property comprises 4 rentable units. All tenants are secured under new, annual fixed-term leases signed in May 2025, offering immediate cash flow and stability for the new owner. With an annual gross income exceeding $100,000, this is a robust addition to any real estate portfolio. Set on an expansive lot with development potential on the north side of the property, there is room to expand or explore additional uses (subject to municipal approvals). Combining timeless architecture, strong financials, and unmatched proximity to one of Nova Scotia's premier university towns, this is a rare and rewarding opportunity not to be missed.
- Travelling East on Hwy 1 (Main St), turn right up Gaspereau Avenue, right onto Prospect and the property will be on your left.
- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- 18x14x5x8x5x12x10x8.2x12.5x8.2x14x5x13x8x19
- Outside Dimenions:
- Main-18x14x5x8x5x12x10x8.2x12.5x8.2x14x5x13x8x19 / Carriage-12x11x29x21.25x29
- Lot Size:
- 17,759 sq. ft.1,650 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 4
- Year built:
- 1907 (Age: 118)
- Age:
- 118
- Exterior Finish:
- Vinyl, Wood Siding
- Foundation:
- Concrete, Other
- Basement:
- Partially Developed
- Floor Finish:
- Hardwood, Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Ducted Cooling, Furnace, Heat Pump -Ducted, Heat Pump -Ductless, Ductless Cooling
- Fuel:
- Oil
- Parking:
- Yes
- Parking Description:
- Multiple Parking for Tenants
- Driveway:
- Paved
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 4
- Num 3 Bed Units:
- 4
- # Of Dishwashers:
- 2
- # Of Dryers:
- 1
- # Of Fridges:
- 4
- # Of Stoves:
- 4
- # Of Washers:
- 1
- Rental Income:
- Yes, 109,000.00
- Laundry Income:
- 500.00
- Other Income:
- 4000.00- Power Repayment
- Approx. Total Income:
- 114,000.00
- Air Conditioning, Cable, Power, See Remarks
- 4 Fridges, 4 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers
- Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping
- Stove, Dishwasher, Dryer, Washer, Refrigerator
- None
- Deck, Patio, Shed
- No
- Zoning:
- R3
- Possession Info:
- Negotiable
- Elementary School:
- Wolfville School
- High School:
- Horton High School
- Middle School:
- Wolfville School
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Aerial View
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Photo 2 of 49
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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Exterior
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1ST Floor Unit
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1st Floor going to 2nd floor
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1ST Floor Unit
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1ST Floor Unit
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1ST Floor Unit
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1ST Floor Unit
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Photo 21 of 49
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Photo 22 of 49
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Carriage House
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carriage house bedroom
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Carriage House Bedroom
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Carriage House Bedroom
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Carriage House Bedroom
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Photo 28 of 49
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Photo 29 of 49
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Upstairs Unit - Kitchen
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Upstairs Dining Area
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Dining Area
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Living Room
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Bedroom
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Bathroom
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Bathroom
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bath
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Bedroom
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Bedroom
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View of bedroom
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Bedroom
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Bedroom
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Map
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Photo 49 of 49
Larger map options:
Listed by Exit Realty Town & Country
Data was last updated July 30, 2025 at 03:20 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $587,500
- Min list price:
- $179,900
- Max list price:
- $2,500,000
- Avg days on market:
- 69
- Min days on market:
- 2
- Max days on market:
- 523
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- ZACH FRAIL
- EXIT REALTY TOWN & COUNTRY
- 1 (902) 300-6606
- zach@zachfrail.com