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.
For sale
C$584,900
8 Iona Rd, Wolfville, NS B4P 2H1
5beds
--baths
1,280sqft
Duplex
Built in 1996
-- sqft lot
$-- Zestimate®
C$457/sqft
C$-- HOA
What's special
Updated flooringBathroom improvementsKitchen countertopsFresh paintModern light fixturesCustom blindsNew heat pump
- 113 days
- 68
- 7
Zillow last checked:
Listing updated:
Listed by:
Kate Blanchard,
MacKay Real Estate Ltd. Brokerage
Source: NSAR,MLS®#: 202613889
Originating MLS®#: Nova Scotia Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Family room
- Level: Main
Heating
- Baseboard, Heat Pump -Ductless, Stove
Cooling
- Air Conditioning
Appliances
- Included: Stove, Dryer, Washer, Refrigerator
- Laundry: Laundry
Features
- Dining Room, Ensuite Bath, Storage
- Flooring: Carpet, Laminate, Linoleum, Tile
- Basement: Finished,Walk-Out Access
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Parking
- Total spaces: 2
- Parking features: Double, Paved, Parking
- Details: Parking Details(Paved, Double Or Triple Wide), Garage Details(None)
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.3 Acres
- Features: Under 0.5 Acres, Near Public Transit
Details
- Additional structures: Shed(s)
- Parcel number: 55274799
- Zoning: R3
- Other equipment: No Rental Equipment
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- Year built: 1996
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Electricity Connected, Power, Phone Connected
Community & HOA
Community
- Features: Golf, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
Location
- Region: Wolfville
Financial & listing details
- Price per square foot: C$457/sqft
- Tax assessed value: C$508,400
- Price range: C$584.9K - C$584.9K
- Date on market: 6/10/2026
- Inclusions: Fridge X2, Stove X2, Washer X2, Dryer X2, Shed X2, Furniture In Upper Unit Only
- Exclusions: Primary Bedroom- Two Dressers, Tv, Book Shelf, Chest. Kitchen- Bar Stand. Livingroom- Tv
- Ownership: Freehold
- Total actual rent: 3450
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | C$584,900-2.4%C$457/sqft |
Source: | ||
| 8/10/2026 | Price change | C$599,000-4%C$468/sqft |
Source: | ||
| 7/20/2026 | Price change | C$624,000-3.3%C$488/sqft |
Source: | ||
| 6/19/2026 | Price change | C$645,000-5.8%C$504/sqft |
Source: | ||
| 6/10/2026 | Listed for sale | C$685,000C$535/sqft |
Source: | ||
| 8/4/2021 | Sold | --0 |
Source: EXIT Realty solds #639313164334172682 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | -- | C$229,100 |
Climate risks
Neighborhood: B4P
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
Schools provided by the listing agent
- Elementary: Wolfville School
- Middle: Wolfville School
- High: Horton High School
Source: NSAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



