87 Park Street, Truro - Listing Details, Property Size, Asking Price, Annual Taxes, Square Footage, Number of Bedrooms, Acreage, Virtual Tour, Sales History, Utilities, Internet, Water Source, Listing ID: 202615270

For Sale $399,900 87 Park Street, Truro, NS Book Showing

Overview

Property Type Fourplex

Description

Welcome to 87 Park Street, a solid and income-producing 4-unit building in the heart of Truro. Featuring 4 one-bedroom units, this well-maintained building is an excellent opportunity for investors seeking a reliable rental property in a strong rental market. Two units received 1 kitchen and 2 bathroom renovations in 2022, offering an updated touch. All four apartments are currently occupied by great long-term tenants. Each unit is heated with oil-fired hot water baseboard heating, supported by an oil-run hot water tank, and enhanced with individual ductless heat pumps for year-round efficiency and tenant comfort. The combination of systems ensures reliable heating in the winter and the added bonus of cooling in the summer. Each unit comes equipped with a fridge and stove, (all included in the sale). There is no on-site laundry, but tenants use nearby laundromats. Upgrades in the last 5 years include - new back decks to all 4 units, new metal roof, heat pumps in all units, and a new hot water tank and furnace in 2020. The property’s central location is a major draw, within walking distance to schools, shopping, dining, and the downtown core. Tenants enjoy the convenience of nearby amenities and public transit, while commuters benefit from quick access to Highway 102. With strong rental demand for one-bedroom units, recent updates, and dependable tenants already in place, this property offers both steady cash flow and future growth potential. 87 Park Street is a smart long-term investment. Book your showing today.

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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.

City Score

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.

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School Score

74

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.

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Entertainment Score

70

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.

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Activity Score

78

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 - 84%

About Your Relator®

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

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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.

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Property Details

On Market Date	2026-06-22T19:07:39.2
Status	ACTIVE
Price	$399,900.00
Year Built	1905
Neighborhood	Northern Region
Location	Lat: 45.368959, Lng: -63.284866
Square Feet	0.00
Lot Size	7,480.00
Parking Features	Shared, Gravel
Appliances	Stove,Refrigerator
Heating	Forced Air,Furnace,Heat Pump -Ductless,Hot Water
Cooling	Forced Air,Furnace,Heat Pump -Ductless,Hot Water
Sewer	Municipal
Roof	Metal
Flooring	Ceramic,Hardwood,Laminate
Lot Features	7480
Community Features	Park,Playground,Public Transit,Recreation Center,School Bus Service,Shopping,Place of Worship
Association Fee	0.00
Listing Office Name	857
Listing Agent	Don McCooeye
Listing Agent Contact	don@themccooeyegroup.ca
MLS®	202615270

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
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.