94 days on Market

8 Iona Rd, Wolfville, Nova Scotia B4P 2H1

Townhouse
5
-
- sqft
$•••,•••
$599,000
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Townhouse
5
-
- sqft

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Property Estimate

Days on market94 days

Estimated valueNot available

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Description

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.


Property Details

StyleOther
View-
Age of property1996
SqFt-
Lot Size-
Parking Spaces2
MLS ®Number202613889
Community NameWolfville
Data SourceNSAR
Listing byMacKay Real Estate Ltd.

Features

Heating: Baseboard, Ductless, Stove
Cooling: Air Conditioning
Basement: Finished, Walk-Out Access

Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Jun 10, 2026
ListedActive
$599,000
94 days on market
history photo preview48
Listing by nsar®
Property listed by MacKay Real Estate Ltd., Brokerage
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Market Data - Wolfville

Geo Zone Map ThumbnailWolfville

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

57 days

2023

0 day

New Listings

Past 30 days

0 listing

Compared to

2025

0 listing

2024

3 listings

2023

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$350,000


Population and Demographics

Overview

Total population 4160
Average household income $107,853

Age (%)

0 to 19
14%
20 to 34
30%
35 to 49
11%
50 to 64
17%
65 and plus
27%

Household composition (%)

Single family
45%
Single person
42%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
90%
Others
4%
French
2%
Mandarin
1%
German
1%
English and French
1%

House tenancy (%)

Renters
63%
Owners
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget