Overview
Description
This is an exceptional opportunity to invest in 19 units in a high demand market with the added advantage of future growth potential. The strong market demand in Truro for both residential and mixed us properties makes this an ideal investment for income generation. 101-105 Queen Street and 264-266 Queen Street. 11 rental units in 101-105 Queen Street and 8 rental units in 264-266 Queen Street. Total price: $2,900,000.00. 101-105 Queen Street has an additional lot offering potential for future expansion or redevelopment, up to 40 - 50 units. Queen Street, Truro - A prime location with high visibility and easy access to local amenities, businesses, and residential areas. Ideal for future development or rental income. 264-266 Queen Street - 8 units. A smaller but strategically location property, this building adds diversity to the package.
Contact us about this listing & It's History
Neighborhood Information
Truro, NS
Truro, Nova Scotia, is a town nestled in the heart of Nova Scotia, often regarded as the Hub of Nova Scotia. It is famed for its natural beauty and rich history. The town is surrounded by a verdant landscape, including Victoria Park, a 1,000-acre natural area, which is a popular destination for hiking and waterfall spotting. Living in Truro offers a unique blend of small-town charm and city convenience, with a range of local shops and restaurants, as well as easy access to larger cities like Halifax.
One of the drawbacks of Truro is its relatively small population, which may lack the hustle and bustle of larger cities. Yet, it lends itself to a close-knit community feel. The town hosts various events throughout the year, including the Nova Scotia Provincial Exhibition and the annual Christmas parade, which add to the community spirit.
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Compared to other cities in Canada, Truro offers a slower pace of life and a lower cost of living. The community is tight-knit and friendly, making it an excellent place for those looking for a break from city life. Living in Truro offers a balance of recreational and cultural experiences, earning it a city score of 73.
Search Nearby Activities74
Truro boasts a strong educational system with several well-regarded schools. The town is home to the Truro Campus of the Nova Scotia Community College, providing quality post-secondary education. The school system in Truro is smaller but closely knit, creating a supportive and rich learning environment. The schools in Truro earn a score of 74 compared to other Canadian cities.
Search Nearby Schools70
Truro provides a variety of entertainment options for its residents. From a bustling farmers market to the Marigold Cultural Centre which hosts music performances, theatre productions, and art exhibitions. The town's entertainment score is a solid 70.
Search Nearby Restaurants78
For outdoor enthusiasts, Truro is a haven with Victoria Park being a popular spot offering waterfall trails, a swimming pool, and picnic areas. The town's proximity to the Bay of Fundy also offers opportunities for kayaking and tidal bore rafting, earning Truro an outdoor activities score of 78.
Walk Score - 77%About Your Relator®
Jessica Mugford
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
Map
Similar Properties
Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.Mortgage Calculator
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
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Property Details
| On Market Date | 2024-12-02T19:05:05.1 |
| Status | ACTIVE |
| Price | $2,900,000.00 |
| Year Built | 1931 |
| Neighborhood | Northern Region |
| Location | Lat: 45.366567, Lng: -63.271817 |
| Square Feet | 0.00 |
| Lot Size | 2,134.00 |
| Appliances | Stove,Refrigerator |
| Heating | Baseboard |
| Cooling | Baseboard |
| Sewer | Municipal |
| Interior Features | Balcony |
| Roof | Asphalt Shingle |
| Flooring | Laminate,Vinyl |
| Lot Features | 4365 |
| Community Features | Golf Course,Park,Playground,Recreation Center,School Bus Service,Shopping,Place of Worship |
| Association Fee | 0.00 |
| Listing Office Name | 851 |
| Listing Agent | Lynn Colpitts |
| Listing Agent Contact | lynncolpitts1@gmail.com |
| MLS® | 202427671 |
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.