Overview
Description
Well-located mixed-use building at 1 Queen Street in downtown Truro, offering excellent visibility and strong commercial potential. This revenue property features three fully occupied residential units (one 3-bedroom and two 2-bedroom apartments) with tenants responsible for their own utilities. Two main-floor commercial spaces front Queen Street, with one currently leased and the other vacant—presenting a clear value-add opportunity for investors or owner-operators. Recent upgrades include vinyl windows, updated flooring, and efficient ductless heat pumps. Conveniently located near shopping, services, public parking, and high foot traffic, this asset is well suited for long-term investment or owner occupancy. Financials and leases available upon request.
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.
73
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 - 87%Map
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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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Property Details
| On Market Date | 2026-01-05T15:59:01.6 |
| Status | ACTIVE |
| Price | $825,000.00 |
| Neighborhood | Northern Region |
| Location | Lat: 45.367082, Lng: -63.286853 |
| Square Feet | 0.00 |
| Lot Size | 5,220.00 |
| Appliances | Cooktop - Electric,Oven - Electric,Range - Electric,Dryer - Electric,Washer,Microwave,Refrigerator |
| Heating | Baseboard |
| Cooling | Baseboard |
| Sewer | Municipal |
| Interior Features | Apt Conforming,Laundry |
| Roof | Asphalt Shingle |
| Flooring | Carpet |
| Lot Features | 5220 |
| Community Features | Golf Course,Park,Recreation Center,Shopping,Place of Worship |
| Association Fee | 0.00 |
| Assessments | 265600 |
| Listing Office Name | 292 |
| Listing Agent | Wil Walusimbi |
| Listing Agent Contact | wil@royallepage.ca |
| MLS® | 202600139 |
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.


