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General 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 use 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. 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. Additional lot: Offering additional potential for future expansion or redevelopment, up to 40 - 50 units. 264-266 Queen Street - 8 units. A smaller but strategically located property, this building adds diversity to the package. Building dimensions: 101 Queen Street - Irregular 103 Queen Street - 61x43.5 105 Queen Street - 47.5x21 264-266 building dimensions: 19.8x42.5 x 2 buildings.

Property Factsheet

101-105 Queen Street, Truro

$2,900,000

Lynn Colpitts, REALTOR ®

Phone: 902-957-0788

Email: lynncolpitts1@gmail.com

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 use 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. 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. Additional lot: Offering additional potential for future expansion or redevelopment, up to 40 - 50 units. 264-266 Queen Street - 8 units. A smaller but strategically located property, this building adds diversity to the package. Building dimensions: 101 Queen Street - Irregular 103 Queen Street - 61x43.5 105 Queen Street - 47.5x21 264-266 building dimensions: 19.8x42.5 x 2 buildings.

MLS #
202427672
Bedrooms
Bathrooms
Living Area
Lot Size
Building Age
Water
Municipal
Sewer
Municipal
Garage Details
Heating
Baseboard, Furnace, Ductless Cooling

Rooms

 
Prudential Logo

Price: $2,900,000

Status: ACTIVE

MLS#: 202427672

PID#: 20183489

AAN#: 02445905


Address: 101-105 Queen Street

Community: Truro

Inclusions: 11 fridges, 11 stoves

Exclusions:


List Date: 12/2/2024

Acceptance Date:

Firm Date:

Closing Date:

Posession: Negotiable

Road: Public

Lot Size:

Waterfront: No

Water Type:

Water Meas/Units: /

Water Access/View:

Water Frontage:

Square Footage (MLA):

Total Fin SqFt. (TLA):

Building Dimensions: Irregular

District: 104-Truro / Bible Hill

Sub District: N/A

Zoning:

Occupancy:

Elementary:

Middle/Jr:

High:

Fr Imm Elem:

Fr Imm Mid:

Fr Imm High:


Property Overview: 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 use 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. 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. Additional lot: Offering additional potential for future expansion or redevelopment, up to 40 - 50 units. 264-266 Queen Street - 8 units. A smaller but strategically located property, this building adds diversity to the package. Building dimensions: 101 Queen Street - Irregular 103 Queen Street - 61x43.5 105 Queen Street - 47.5x21 264-266 building dimensions: 19.8x42.5 x 2 buildings.

Showing Instructions: 48 hours notice required for showings

Directions To Property: Queen Street


Type: 9-12 Units

Style:

Bldg. Style:

Title to Land: Freehold

Property Size: Under 0.5 Acres

Land Features:

Appliances: Stove,Refrigerator

Heat/Cool: Baseboard,Furnace,Ductless Cooling

Fuel Type: Electric,Oil

Water: Municipal

Sewage: Municipal

Utilities:

Rental Equipment: None

Inter Photos Allowed: No

Exterior: Brick,Vinyl

Garage:

Driveway/Pkg: Multiple Driveways,Parking Spaces(s)

Basement: Full,Undeveloped

Foundation: Concrete

Features: Brick,Vinyl

Roof: Asphalt Shingle

Flooring: Hardwood,Vinyl


AG Bedrm: BG Bedrm:

# of Bedrms:

F Baths: H Baths:

T Baths:

Rental Income: Yes

Building Age:

Built:

Sign: No HST:

Lockbox: No PCDS: No

Migrated: Yes

CSA/ABS: Serial:

Garage:

Garage Details:


Rooms:

- - 156,641.40

- - 3600.00

- - 160,241.40

- - 7,100.00

Rooms:

- - 8,250.00

- - 3,428.88

- - 9,612.68

- - 6,868.69

Rooms:

- - 1,800.00

- - 15,201.00

- - 52,261.25

- - 107,980.15


Betterment Charges:

Listing Office: 851

Data provided by: Block Knight Financial Services