Overview

Property Type Single Family
Bedrooms 6
Bathrooms 5
Sq Ft 2592.00
Price Per Sq Ft $164

Description

Income property and equity-building opportunity in picturesque Lawrencetown: a beautifully maintained two-storey century home thoughtfully converted to a seven-unit residential suite home with furnished, move-in-ready accommodations for mature tenants on fixed-term leases. With approximately $65,700 gross potential annual income and a stable, professionally managed tenant base drawn from nearby College of Geographic Sciences and the local mature community, this property offers the rare advantage of letting others pay your mortgage while you build equity and create meaningful housing solutions in Nova Scotia. The home features five bathrooms (three with ensuites), all units sharing a common kitchen facility, and recently upgraded infrastructure that speaks to quality and longevity: roof (2025), fresh exterior paint and siding, 200-amp electrical panel, and water heaters (2024). Full municipal water and sewer. A ground-level eighth suite could very easily be created if desired, offering upside potential for income expansion. The exceptional 0.31-acre riverfront lot borders the serene Annapolis River with a peaceful sitting area overlooking the water-a rare amenity in multi-unit investments and a valued retreat for tenants and owners alike. The building's solid construction and excellent overall condition mean it could easily revert to single-family use, adapt to alternative income models, or serve multiple families sharing expenses-depending entirely on your vision. WETT-certified wood stove insert provides supplemental heating. All appliances and nearly all furnishings remain with the property, ensuring ease of consistent occupancy and turnover. Whether you are seeking to enter the income property market, expand an existing portfolio, or address the housing demands facing the Valley, this property delivers reliable returns, professional operations, and the satisfaction of providing quality housing to those in genuine need of stable accommodation. A rare find!

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Neighborhood Information

Lawrencetown, NS

Lawrencetown, Nova Scotia is a quaint, rural community located in the eastern part of Annapolis County. The area is known for its beautiful landscapes, including the famous Lawrencetown Beach - a popular spot for surfing. Despite its rural setting, Lawrencetown is just a short drive away from the bustling city of Halifax, offering residents the best of both worlds. The community is home to the Annapolis Valley Exhibition, an annual event that draws visitors for its showcase of local agriculture and entertainment. Moreover, Lawrencetown is home to the Centre of Geographic Sciences (COGS), renowned as one of the leading geospatial information centres in North America.

However, being a small community, it has limited amenities and services. Shopping and other necessities may require a trip to nearby larger towns or cities. Nevertheless, for those who appreciate the peace and tranquility of rural living, coupled with proximity to the coast and a major city, Lawrencetown presents a charming option.

City Score
73

Despite its small size and rural location, Lawrencetown offers a unique blend of tranquility, natural beauty, and close proximity to urban amenities in Halifax. It is indeed a desirable place to live for those who value such a combination. City Score: 73

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School Score
68

The schools in Lawrencetown and nearby areas offer quality education. However, options may be limited due to the community's size. Compared to larger cities, the school selection is not as diverse. Schools Score: 68

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Entertainment Score
70

Entertainment options are more outdoor and community-oriented. From enjoying the local beach to attending community events like the Annapolis Valley Exhibition, there's a unique charm. However, for a wider variety, a trip to Halifax is required. Entertainment Score: 70

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Activity Score
85

Outdoor activities are where Lawrencetown truly shines. From surfing at Lawrencetown Beach to engaging in various trails for hiking and biking, it offers plenty of options for outdoor enthusiasts. Outdoor Activities Score: 85

Walk Score - 34%

About Your Relator®

Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.

Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.

With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.

With Jessica Mugford, you can expect nothing less than a professional, tailored approach.


Phone: (902) 322-1684

Email: jessicamugford@remax.net

Office: Sydney

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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.

Property Details

On Market Date2026-06-22T23:26:53.2
StatusACTIVE
Price$424,500.00
Year Built1907
NeighborhoodAnnapolis Valley
LocationLat: 44.881763, Lng: -65.160371
Bedrooms6
Bathrooms (Full)5
Bathrooms (Total)5
Square Feet2,592.00
Lot Size13,562.23 13562.23
AppliancesStove,Dishwasher,Refrigerator
HeatingBaseboard,Forced Air,Heat Pump -Ductless
Water SourceMunicipal
SewerMunicipal
Interior FeaturesEnsuite Bath,Secondary Suite,Wood Stove(s),See Remarks,Walk In Closet
RoofAsphalt Shingle
FlooringHardwood,Laminate,Softwood,Tile
Lot FeaturesLandscaped,Stream/Pond,Wooded/Treed,Year Round Road
ViewAccess: River Front,View: River
Community FeaturesGolf Course,Park,Playground,Public Transit,Recreation Center,School Bus Service,Shopping,Marina,Place of Worship,Beach
Association Fee0.00
Listing Office NameRE/MAX Banner Real Estate(Greenwood)
Listing AgentColin Crowell
MLS®202615296
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.

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