Unknown for 5 Victoria St, Truro Nova Scotia B2N 1Y5
20 hours on Market

5 Victoria St, Truro, Nova Scotia B2N 1Y5

Detached
4
-
- sqft
$499,900
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Detached
4
-
- sqft

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Property Estimate

Days on market20 hours

Estimated valueNot available

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Description

Amazing investment opportunity in the heart of Truro! 5 Victoria Street offers a solid and affordable entry into the Nova Scotia rental market, featuring four spacious one-bedroom units, all currently rented with an annual gross income of $60,480. Major updates are already done, including a new roof (2024), new hot water heater, updated decks, newer windows, and refreshed upper units with new paint, lighting, and hardware, new bathroom in one of the upper units too. The updates in the upper units in December 2025, have contributed to significant increases in rental income. With heat included, 2 units including power, and one unit rented below market, there’s clear upside for future revenue growth. 3 of the 4 units have newer tenants contributing to solid financial gains in income. Located downtown near NSCC, the hospital, and quick highway access, this is a smart, turnkey property with long term potential, an excellent way to start or grow your real estate portfolio.


Property Details

StyleOther
View-
Age of property1920
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202600799
Community NameTruro
Data SourceNSAR
Listing byPress Realty Inc.

Features

Heating: Baseboard
Basement: Full, Unfinished

Property listed by Press Realty Inc., Brokerage
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Market Data - Truro

Geo Zone Map ThumbnailTruro

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2025

31 days

2024

36 days

2023

10 days

New Listings

Past 30 days

2 listings

Compared to

2025

4 listings

2024

7 listings

2023

8 listings

Units sold

Past 30 days

4 units

Compared to

2025

3 units

2024

8 units

2023

10 units

Median Sold Price

Past 30 days

$282,500

Compared to

2025

$454,500

2024

$361,250

2023

$239,000


Population and Demographics

Overview

Total population 11477
Average household income $92,589

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget