Unknown for 24 Louise St, Truro Nova Scotia B2N 3K2
24 days on Market

24 Louise St, Truro, Nova Scotia B2N 3K2

Townhouse
24
-
- sqft
$2,350,000
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Townhouse
24
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$10,092/mo

Tax Amount ()-

Days On Market24 days


Description

Presenting: 24 Louise St, together with the neighbouring property at 20 Louise (triplex), forms a rare investment opportunity in the heart of downtown Truro! This 15 unit building with an approved development agreement for a 16th unit that is mostly finished (well will not be finishing for closing) offers a fantastic opportunity for investors seeking long term rental income in a high-demand area. Located between Prince and Queen street, it's within walking distance to shops, restaurants, and amenities, this property ensures consistent tenant demand and long-term value. 20 and 24 Louise together produce gross potential rental income, based on full occupancy, of approximately $250,000/year making this an attractive addition to the savvy investor's portfolio. As an added benefit, with management already in place, a new owner can simply take over and enjoy the benefits of owning 2 great properties in Truro's thriving downtown! Detailed financials available upon request with a signed Non-Disclosure Agreement. Please Note: 20 and 24 Louise MUST be sold together. 615 Prince is also available from the same owner and the owner would place value on a buyer purchasing all three properties at the same time.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202506154
Community NameTruro
Data SourceNSAR
Listing byRoyal LePage Truro Real Estate

Features

Heating: Baseboard
Basement: Finished

Property History

Mar 28, 2025
ListedActive
$2,350,000
24 days on market
history photo preview16
Listing by nsar®
Property listed by Royal LePage Truro Real Estate, Brokerage
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Population and Demographics

Overview

Total population 11477
Average household income $92,589

Age (%)

65 and plus
25%
50 to 64
21%
20 to 34
20%
0 to 19
18%
35 to 49
17%

Household composition (%)

Single family
51%
Single person
43%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
Punjabi (Panjabi)
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget