For Sale

$ 495,000

525 Main Street

Lawrencetown, Nova Scotia B0S1M0

Kevin Scott

PHONE
902-321-3468

TITLE 
Salesperson/REALTOR®

EMAIL
kevinscott@royallepage.ca 

PROPERTY REMARKS

Welcome to an exceptional income-generating opportunity in picturesque Lawrencetown, situated in the heart of Nova Scotia’s vibrant Annapolis Valley. It is rare to find a multi-family property that cash flows this well, boasting a total gross yearly income of $55,200 against low operating expenses of $11,664, which delivers a fantastic Net Operating Income of $43,536. There are 4 separate meters at the property and each tenant pays for their own electricity. The heat source at the building is electric with a mix of ductless heat pumps for efficient winter heat and summertime cooling, convection heaters and electric baseboards. Meticulously maintained and having undergone extensive updates and renovations, this turnkey fourplex features a versatile unit mix consisting of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Two units have been beautifully refreshed and are completely move-in ready, intentionally kept vacant to allow a new owner the immediate opportunity to set market rents and place their own ideal tenants. Location is everything, and this building backs onto the scenic Rail Trail while sitting just a short walk from the Bees Knees General Store & Bakery Cafe and NSCC’s Centre of Geographic Sciences (COGS). As Canada’s largest geomatics-focused learning environment, COGS attracts students from around the globe to study land and ocean floor surveying and mapping, providing a steady stream of mature, reliable tenants alongside the local community. Positioned a convenient ten minutes in either direction from Middleton and Bridgetown for all everyday amenities, this investment allows you to let others pay your mortgage while you build valuable equity and provide quality housing solutions in Nova Scotia. Whether you are expanding an established portfolio or purchasing your first income property, this listing offers bulletproof cash flow, strategic positioning, and outstanding long-term value. Don’t miss it! 

Location Description

Take Main Street (Highway 1) through Lawrencetown to civic #525. Watch for Kevin Scott Real Estate Team / Royal LePage Atlantic for sale sign. 

Listing courtesy of Royal LePage Atlantic (New Minas).

Property Attributes

Address

525 Main Street
Lawrencetown, Nova Scotia B0S1M0 

Community Name

Lawrencetown

Property Type 

Multi-family

Building Type

Fourplex

Title

Freehold 

Land Size

0.3089 ac

Parking Type 

Gravel, Parking Space(s) 

Appliances Included

Gas stove(s), Dryer, Washer, Refrigerator

Amenities Nearby

Golf Course, Park, Playground, Public Transit, Place of Worship, Beach 

General Features

Flooring

Ceramic Tile, Hardwood, Laminate, Linoleum 

Age Of Building

116 Years

Basement Type

Full (Unfinished) 

Structures

Shed 

Foundation Type 

Concrete Perimeter, Stone 

Water

Municipal water 

Exterior Finish

Vinyl 

Heating Type

Baseboard heaters, Heat Pump, Ductless, (Electric) 

Community Features

High Traffic Area