Homes for sale - 1 Queen St, Truro, NS B2N 2A7

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Ted Misztela

tadvesz@icloud.com +1(902) 489-4559

Listed by Wil Walusimbi • Royal LePage Truro Real Estate

$825,000

Est. payment - /mo

7 Beds

5,218 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202600139

Bedrooms 7

HOA Y/N No

Lot Size 5,218 Sqft

Acres 0.1198

Property Sub-Type Triplex

Source Nova Scotia

Property Description

Well-located mixed-use building in the heart of downtown Truro offering immediate residential income with significant commercial upside. The property features three fully occupied residential units (one 3-bedroom and two 2-bedroom apartments) with tenants paying their own utilities, providing stable cash flow. The main floor includes two high-exposure commercial units fronting Queen Street, currently vacant, offering an excellent value-add opportunity for an investor or owner-user. One unit was previously leased at $2,500 + HST per month owner suggests a potential rental rate of approximately $2,000 + HST per month, subject to market conditions and lease terms., with strong demand for retail, office, or service-based uses in this high-traffic location. Recent updates include vinyl windows, flooring, and ductless heat pumps. The building benefits from excellent visibility, walkable amenities, public parking nearby, and flexible commercial zoning. Ideal for investors seeking a mixed-use asset with upside through commercial lease-up, or an owner-operator looking to occupy one unit while benefiting from residential income. Financials, leases are available upon request

Location

Province NS

County Colchester

Area 104-Truro / Bible Hill

Zoning DC

Region Northern Region

City Region Northern Region

Rooms

Basement Full

Bedroom 2 10, 000

Dining Room 53400

Kitchen 2900

Interior

Heating Baseboard

Flooring Carpet

Equipment No Rental Equipment

Fireplace No

Appliance Electric Cooktop, Electric Oven, Electric Range, Dryer - Electric, Washer, Microwave, Refrigerator, Stove, Dryer

Laundry Laundry

Basement Type Full

Exterior

Community Features Golf, Park, Recreation Center, Shopping, Place of Worship

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Garage No

Private Pool No

Parking Type Dirt

Building

Lot Description Under 0.5 Acres

Dwelling Type Apt Conforming

Foundation Block

Sewer Municipal

Water Municipal

New Construction No

Others

Ownership Freehold

ParcelsYN No

Virtual Tour https://youtu.be/Yl677HwnWgE

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Ted Misztela

+1(902) 489-4559 | tadvesz@icloud.com

1 Queen St Truro, NS B2N 2A7

Ted Misztela

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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