Unknown for 87 Park St, Truro Nova Scotia B2N 3J5
5 days on Market

87 Park St, Truro, Nova Scotia B2N 3J5

Detached
4
-
- sqft
$429,900
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Detached
4
-
- sqft

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Property Estimate

Days on market5 days

Estimated valueNot available

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Description

Welcome to 87 Park Street, a solid and income-producing 4-unit building in the heart of Truro. Featuring 4 one-bedroom units, this well-maintained building is an excellent opportunity for investors seeking a reliable rental property in a strong rental market. Two units received 1 kitchen and 2 bathroom renovations in 2022, offering an updated touch. Of the four apartments, two are currently occupied by great long-term tenants, while two units are vacant, providing immediate flexibility for new owners - either to rent at current market rates or to occupy themselves. Each unit is heated with oil-fired hot water baseboard heating, supported by an oil-run hot water tank, and enhanced with individual ductless heat pumps for year-round efficiency and tenant comfort. The combination of systems ensures reliable heating in the winter and the added bonus of cooling in the summer. Each unit comes equipped with a fridge and stove, (all included in the sale). There is no on-site laundry, but tenants use nearby laundromats. Upgrades in the last 5 years include - new back decks to all 4 units, new metal roof, heat pumps in all units, and a new hot water tank and furnace in 2020. The property’s central location is a major draw, within walking distance to schools, shopping, dining, and the downtown core. Tenants enjoy the convenience of nearby amenities and public transit, while commuters benefit from quick access to Highway 102. With strong rental demand for one-bedroom units, recent updates, and dependable tenants already in place, this property offers both steady cash flow and future growth potential. 87 Park Street is a smart long-term investment. Book your showing today.


Property Details

StyleOther
View-
Age of property1905
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202524511
Community NameTruro
Data SourceNSAR
Listing byRoyal LePage Atlantic (Enfield)

Features

Heating: Forced Air, Furnace, Ductless, Hot Water
Basement: Crawl Space

Property History

Sep 27, 2025
ListedActive
$429,900
5 days on market
history photo preview33
Listing by nsar®
Property listed by Royal LePage Atlantic (Enfield), Brokerage
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Market Data - Truro

Geo Zone Map ThumbnailTruro

Strong Buyer's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

63 days

Compared to

2024

76 days

2023

64 days

2022

23 days

New Listings

Past 30 days

15 listings

Compared to

2024

9 listings

2023

9 listings

2022

15 listings

Units sold

Past 30 days

3 units

Compared to

2024

13 units

2023

4 units

2022

10 units

Median Sold Price

Past 30 days

$300,000

Compared to

2024

$360,000

2023

$347,950

2022

$268,500


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