ScotianAtlas
FOR SALE · 73 DAYSMLS® 202615296 · PID 05126529

540 Main Street

$424,500

ASSESSED $291,000 · 2026

Beds6
Baths5
Living area2,592 sqft
Lot13,560 sqft lot
Built1907
Style2 Storey
$ / sqft$164
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$291,000
Taxable (capped)$196,000
Cap shelter+$95,000
Est. property tax · 2026$2,009/yr

Taxed on $196,000 of a $291,000 assessment$95,000 sheltered by the NS assessment cap, at $1.025 per $100.

HistoryMLS® + REGISTRY
Jun 22, 2026Listed$424,500
Oct 12, 2021Soldregistry$239,500
Aug 7, 2014Soldregistry$165,400

Every relist, cut, and recorded sale, no wall. The incumbent reserves this table for its clients.

Owning this homeCOMPUTED FROM GOVERNMENT RECORDS · NOT A VALUATION
Monthly, all in$1,975MORTGAGE $1,975 · TAX $249/MO
Tax, year one$2,983+$974THE CAP RESETS ·
Cash to close$91,268DOWN $84,900 · DTT $6,368 · LEGAL EXTRA

ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · SNS DEED-TRANSFER LIST JULY 2026

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$168,400
2023$235,100
2024$264,900
2025$282,500
2026$291,000

Latest assessment $291,000 vs asking $424,500. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Lawrencetown median · 2026$187,500
This property$291,000 — in the top quarter
Change 2025 → 2026+$8,500 (+3%)

2026 assessments in Lawrencetown run $5,500 to $339,900 (10th–90th percentile, 403 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area1,261 m² · 0.31 ac
Perimeter208 m · 684 ft

Compiled from provincial mapping — approximate, not a legal survey. Full dimensions and print live on the Site Plan sheet.

About this home

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 are 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!

RoomsMLS®

7 measured

Main Floor
Foyer13.4 x 9.3
Living Room14.2 x 13.7 + 7.8 x 3.5
Kitchen15.3 x 20.5 (incl dining)
Bath 18.10 x 5.2
Mud Room11.4 x 10.5
2nd Level
Den/Office7.6 x 11.7 + 7.8 x 3.7
Upstairs Hallway
Structure & systemsPVSC + MLS®
StructureNo garage · No finished basement
Bedrooms6
Bathrooms5 full
Living area2,592 sq ft
Stories2
Levels2 Storey
Year built1907
FoundationStone
ExteriorVinyl Siding · Wood Siding
RoofAsphalt
FlooringHardwood · Laminate · Softwood · Tile
BasementFull · Unfinished · Walk-Out Access
HeatingBaseboard · Forced Air · Ductless
FuelOil
FireplaceYes
Fireplace featuresWood Burning Stove
INTERIOR
Interior featuresEnsuite Bath · Secondary Suite · See Remarks · High Speed Internet
AppliancesStove · Dishwasher · Refrigerator
IncludedAll Appliances & Majority Of Furniture
ExcludedTenant Personal Items · Outdoor Furniture
AccessibilityNSAR AUDIT FIELDS
Narrowest doorway30"
Steps at entrancesThree Steps · Over 3 Steps
EntrancesFront/Main Entrance · Rear Entrance
ThresholdsThreshold over 1/2"

Recorded by the listing brokerage in the NSAR accessibility fields — most portals never show these.

Land & titleREGISTRY + MLS®
Lot size13,560 sqft
Lot dimensions32x28 + 24x14 + 8x4 + 8x4
Lot featuresUnder 0.5 Acres · Landscaped · Wooded
ZoningR2
FrontageWater Frontage: 40 Feet
RoadPublic · Year Round Road
WaterfrontRiver Front · River Access · Stream/Pond · Fresh Water
ViewRiver
Patio & porchDeck
Other structuresDeck
PID05126529
AAN01385011
TITLE
OwnershipFreehold
PossessionNegotiable
HSTExempt from HST
Utilities & parkingMLS®
WaterMunicipal
SewerMunicipal
UtilitiesElectric · Electricity Connected · Other
Electricity on propertyYes
ParkingNo Garage · Gravel · Multiple Driveways · Parking Spaces(s)
Open parkingYes
AreaCIVIC · OPEN DATA
CommunityLawrencetown (Annapolis)
MunicipalityMunicipality of the County of Annapolis
RegionWestern
Polling districtAP10
Map
Map of 540 Main Street
Listed by Colin Crowell · RE/MAX Banner Real Estate(Greenwood) · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202615296 · Retrieved Sep 3, 2026 · NOT A LEGAL SURVEY