21 Prospect Street, Wolfville, NS (MLS® 202510355): 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.
Nas has been a licensed REALTOR® since 2003. Nas enjoys the challenge of matching people to their dream homes.
Directions to 21 Prospect Street, Wolfville, NS (MLS® 202510355): Travelling East on Hwy 1 (Main St), turn right up Gaspereau Avenue, right onto Prospect and the property will be on your left.
Included with the sale of 21 Prospect Street, Wolfville, NS (MLS® 202510355): 4 Fridges, 4 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers
Listings Similar to 21 Prospect Street, Wolfville, NS (MLS® 202510355) are: 86-88 Highbury School Road, Canaan, NS (MLS® 202510523)
Type | Name |
---|---|
Elementary School | Wolfville School |
Middle School | Wolfville School |
High School | Horton High School |