1 Queen Street
104-Truro/Bible Hill/Stewiacke
Truro
B2N 2A7
$825,000
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202600139
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Well-located mixed-use building at 1 Queen Street in downtown Truro, offering excellent visibility and strong commercial potential. This revenue property features three fully occupied residential units (one 3-bedroom and two 2-bedroom apartments) with tenants responsible for their own utilities. Two main-floor commercial spaces front Queen Street, with one currently leased and the other vacant—presenting a clear value-add opportunity for investors or owner-operators. Recent upgrades include vinyl windows, updated flooring, and efficient ductless heat pumps. Conveniently located near shopping, services, public parking, and high foot traffic, this asset is well suited for long-term investment or owner occupancy. Financials and leases available upon request.
- Queen Street 1
- Listing Sub-Area:
- 104-Truro/Bible Hill/Stewiacke
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular
- Outside Dimenions:
- Irregular
- Lot Size:
- 5,218 sq. ft.485 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- Yes
- # of Rental Units / Occupied:
- 3
- Exterior Finish:
- Vinyl
- Foundation:
- Block
- Basement:
- Full
- Floor Finish:
- Carpet
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric
- Driveway:
- Dirt
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 4
- Num 2 Bed Units:
- 2
- Num 3 Bed Units:
- 1
- # Of Dryers:
- 1
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- # Of Washers:
- 1
- Rental Income:
- Unknown, 75300
- Approx. Net Income:
- 58760
- Insurance Expense:
- 2900
- Taxes Costs:
- 10,000
- Maintenace:
- 1440.0
- Snow / Garbage Collection:
- 1200
- Electricity Bill:
- 1000
- Approx. Total Expense:
- 16540
- Approx. Total Income:
- 75300
- Apt Conforming, Laundry
- Golf Course, Park, Recreation Center, Shopping, Place of Worship
- Cooktop - Electric, Oven - Electric, Range - Electric, Dryer - Electric, Washer, Microwave, Refrigerator
- None
- None
- No
- Assessment:
- 265600.0
- Assessment Year:
- 2025
- Zoning:
- DC
- Possession Info:
- Negotiable
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Listed by Royal LePage Truro Real Estate
Data was last updated April 20, 2026 at 11:20 PM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $439,900
- Min list price:
- $185,000
- Max list price:
- $825,000
- Avg days on market:
- 73
- Min days on market:
- 3
- Max days on market:
- 551
These statistics are generated based on the current listing's property type
and located in
104-Truro/Bible Hill/Stewiacke. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JF MACIVOR
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
- Contact by Email


