8 Iona Road, Wolfville, Nova Scotia B4P 2H1

Listed for:
$584,900
0 beds
0 baths
Listed 108 days ago
Duplex for rent: 8 Iona Road, Wolfville, Nova Scotia B4P 2H1

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About

From Main Street, turn onto Gaspereau Avenue, turn left onto Iona, property on left A short walk to downtown Wolfville, this updated duplex offers an excellent opportunity for investors or owner-occupants. The lower 3-bedroom unit is currently rented for $2,400/month, providing immediate rental income, while the extensively updated upper unit is vacant and ready for an owner-occupant or new tenant. The property sits on a large lot with a spacious yard, offering plenty of room for gardening, outdoor play, or entertaining. The majority of updates since 2021 have been completed in the upper unit, including updated flooring, bathroom improvements, kitchen countertops, fresh paint, modern light fixtures, custom blinds, and appliances less than three years old. It also features a new heat pump, pellet stove, and large rear deck overlooking the yard. The bright upper unit offers 2 bedrooms, spacious living room, large eat-in kitchen, generous laundry room with excellent storage, and an oversized bathroom accessible from the primary bedroom and hallway. The bathroom features a freestanding tub and separate shower. The upper unit can also be purchased fully furnished (upper unit only). The lower unit offers 3 bedrooms and has received bathroom updates and various cosmetic improvements. With $2,400/month in current rental income, this unit provides a strong starting point for investors, while the vacant upper unit offers additional income potential. A newly paved driveway provides parking for multiple vehicles, including three cars side-by-side. Separate power meters allow each unit to pay its own electricity and utility costs, helping simplify management and reduce operating expenses. Located just minutes from shops, restaurants, amenities, and Acadia University, this property offers strong rental appeal. Live in the upper unit while collecting $2,400/month below, or rent both units to maximize income potential. (id:27476)

Property Highlights

MLS® Number
202613889
Type
Multi-family
Community Name
Wolfville
Ownership Type
Freehold
Land Size
0.2961 ac

Building

Building Type
Duplex
Amenities
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Heat Pump, Ductless, Stove
Heating Fuel
Electric, Pellet
Building Cooling Type
Air Conditioned

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
MacKay Real Estate Ltd.
MLS® number:
202613889
Agent:
Kate Blanchard
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