663 Main Street, Wolfville, (MLS® 202514998) REMAX NOVA
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663 Main Street, Wolfville

0 sqft
$1,165,000 For Sale

Description

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.

Listing Details

Address
663 Main Street, Wolfville, B4P 1G3

Status
ACTIVE
Listing Price
$1,165,000
MLS®
202514998
Type
n/a
Style
---
Age
120
PID
55268601

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Stone
Roof
Asphalt Shingle
Exterior Finish
Wood Siding
Flooring
Vinyl Plank

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Garage & Parking

Garage
N
Details
---

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

711

Median Age

36.8

Avg Household Size

2.2

Avg House Income

$90K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $673,000 ---
2023 $624,900 ---
2022 $423,300 ---
2021 $274,300 ---
2020 $272,500 ---
2019 $269,700 ---
2018 $263,200 ---
2017 $247,800 ---
2016 $243,400 ---
2015 $238,800 ---
2014 $233,400 ---
2013 $228,600 ---
2012 $221,700 ---

Maps

Mortgage Inquiries

Last Updated On: 6/18/2025 4:44:20 PM (UTC)
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