101-105 Queen Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region) : MLS®# 202427672
101-105 Queen Street Truro B2N 2B2 : 104-Truro / Bible Hill
- $2,900,000
- Multi-Family
- MLS®#: 202427672
- Status: Active
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.
- Area:
- Northern Region
- Location:
- 104-Truro / Bible Hill
- City:
- Truro
- Postal/Zip Code:
- B2N 2B2
- Queen Street
- Listing Sub-Area:
- 104-Truro / Bible Hill
- Property Type:
- Multi-Family
- Multi-Family Type:
- 9 - 12 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular
- Lot Size:
0.76 acre(s)
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 11
- Exterior Finish:
- Brick, Vinyl
- Foundation:
- Concrete
- Basement:
- Full, Undeveloped
- Floor Finish:
- Hardwood, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Furnace, Ductless Cooling
- Fuel:
- Electric, Oil
- Parking:
- Yes
- Parking Description:
- Parking spaces
- Driveway:
- Multiple Driveways, Parking Spaces(s)
- Water Supply:
- Municipal
- Water And Sewage:
- 3,428.88
- Sewer:
- Municipal
- Num Units:
- 11
- Num 1 Bed Units:
- 2
- Num 2 Bed Units:
- 5
- Num 3 Bed Units:
- 4
- # Of Fridges:
- 11
- # Of Stoves:
- 11
- Rental Income:
- Yes, 156,641.40
- Laundry Income:
- 3600.00
- Approx. Net Income:
- 107,980.15
- Insurance Expense:
- 7,100.00
- Taxes Costs:
- 15,201.00
- Other Costs:
- 1,800.00
- Maintenace:
- 8250.0
- Heating Bill:
- 9,612.68
- Electricity Bill:
- 6,868.69
- Approx. Total Expense:
- 52,261.25
- Approx. Total Income:
- 160,241.40
- Laundry, Storage
- 11 fridges, 11 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 05:20 PM (UTC)
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