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Wolfville Properties
663 Main Street
Kings County
Wolfville
B4P 1G3
$1,165,000
Multi-Family
built: 1905
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202514998
- Year Built:
- 1905
- Photos (47)
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Turn-Key Investment in the Heart of Wolfville Welcome to 663 Main Street, a fully renovated, income-generating property ideally located within walking distance to Acadia University and charming downtown Wolfville. This is a rare opportunity to invest in one of Nova Scotia’s most desirable university towns. The building has been completely redone, including roof shingles new heat pumps in each room and common areas, new windows throughout, and extensive interior upgrades. Though legally a duplex, it’s currently operating as a room-by-room rental, with each bedroom offering a private ensuite bathroom and two fully equipped shared kitchens for tenant convenience. This property delivers serious cash flow with a gross annual income just shy of $130,000 and a net income of over $90,000, resulting in an impressive cap rate of over 7%. Bonus: there’s a spacious, unfinished attic offering excellent potential for future development, whether more living space, common areas, or additional rental income. Whether you’re an experienced investor or just stepping into the market, 663 Main Street checks all the boxes: location, income, quality, and room to grow. Please note: the property will be subdivided from a larger parcel by the seller at their expense prior to closing.
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- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Duplex
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular
- Lot Size:
- 18,452 sq. ft.1,714 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 9
- Year built:
- 1905 (Age: 120)
- Age:
- 120
- Exterior Finish:
- Wood Siding
- Foundation:
- Stone
- Basement:
- Full, Undeveloped
- Floor Finish:
- Vinyl Plank
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric, Propane
- Driveway:
- Gravel
- Water Supply:
- Municipal
- Water And Sewage:
- $350
- Sewer:
- Municipal
- Num Units:
- 2
- Num 1 Bed Units:
- 9
- # Of Dryers:
- 2
- # Of Fridges:
- 2
- # Of Stoves:
- 2
- # Of Washers:
- 2
- Rental Income:
- Yes, $10,723.50 = YR$128,682
- Approx. Net Income:
- $7,854 =YR$94,248
- Insurance Expense:
- $388
- Taxes Costs:
- $853
- Maintenace:
- 300.0
- Electricity Bill:
- $979
- Approx. Total Income:
- $10,723.50 = YR$128,682
- Oven, Washer/Dryer Combo, Refrigerator
- None
- None
- No
- Zoning:
- R3
- Possession Info:
- Negotiable
- Elementary School:
- Wolfville School
- High School:
- Horton High School
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Attic
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Attic
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Larger map options:
Listed by Exit Realty Town & Country
Data was last updated June 27, 2025 at 01:20 PM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $560,000
- Min list price:
- $279,000
- Max list price:
- $2,500,000
- Avg days on market:
- 43
- Min days on market:
- 2
- Max days on market:
- 490
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.
- ZACH FRAIL
- EXIT REALTY TOWN & COUNTRY
- 1 (902) 300-6606
- zach@zachfrail.com