264-266 Queen Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region) : MLS®# 202427671
264-266 Queen Street Truro B2N 2C1 : 104-Truro / Bible Hill
- $2,900,000
- Multi-Family
- MLS®#: 202427671
- Status: Active
- Built: 1931
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.
- Area:
- Northern Region
- Location:
- 104-Truro / Bible Hill
- City:
- Truro
- Postal/Zip Code:
- B2N 2C1
- Queen Street
- Listing Sub-Area:
- 104-Truro / Bible Hill
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 19.8x42.5 x 2 buildings
- Outside Dimenions:
- 19.5x42.5 x 2 buildings
- Lot Size:
4,365 sq. ft.
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 8
- Year built:
- 1931 (Age: 94)
- Age:
- 93
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Full, Undeveloped
- Floor Finish:
- Laminate, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric
- Parking:
- No
- Driveway:
- None
- Water Supply:
- Municipal
- Water And Sewage:
- 1,620.55
- Sewer:
- Municipal
- Num Units:
- 8
- Num 1 Bed Units:
- 6
- Num 2 Bed Units:
- 2
- # Of Fridges:
- 8
- # Of Stoves:
- 8
- Rental Income:
- Yes, 105,216.00
- Approx. Net Income:
- 82,447.84
- Insurance Expense:
- 2,237.00
- Taxes Costs:
- 7,264.00
- Maintenace:
- 4145.0
- Snow / Garbage Collection:
- 1,200.00
- Electricity Bill:
- 6,301.61
- Approx. Total Expense:
- 22,768.16
- Approx. Total Income:
- 105,216.00
- Balcony
- 8 fridges, 8 stoves
- Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
- Stove, Refrigerator
- None
- None
- No
- Zoning:
- UC
- Possession Info:
- Negotiable
Listed by Coldwell Banker Open Door Realty Ltd.
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Data was last updated April 27, 2025 at 01:20 AM (UTC)
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