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101-105 Queen Street, Truro, NS, B2N 2B2

MLS® # 202427672
Investment For Sale In Truro, Nova Scotia
$2,900,000 QuickQuoteTM: Not Available
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
101-105 Queen Street, Truro, NS
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101-105 Queen Street, Truro, NS, B2N 2B2
$2,900,000

Property Information:

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.

Property Features:

  • Built in: Y
  • Title to Land: Freehold

Courtesy of: Coldwell Banker Open Door Realty Ltd.

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 101-105 Queen Street, Truro, NS, B2N 2B2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 101-105 Queen Street , experiences 7 hot days per year at around 28.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 31.3 degrees Celsius.

Projected Avg. Temperature

Past
28.2℃
2050
31.3℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

75/100

Moderate-High

ClimateCheck®

Current data

This property, 101-105 Queen Street , experiences 11 significant 2-day storms per year, with about 396.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 494.6mm of precipitation per year.

Precipitation Per Storm

Past
396.4mm
2050
494.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 101-105 Queen Street, Truro, NS, B2N 2B2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$68,988.39

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.19 %

High school certificate or equivalent

31.34 %

Apprenticeship trade certificate/diploma

8.0 %

College/non-university certificate

22.29 %

University certificate (below bachelor)

1.12 %

University Degree

18.06 %

Commuter

Travel To Work

By Car

71.95 %

By Public Transit

0.0 %

By Walking

20.66 %

By Bicycle

0.0 %

By Other Methods

7.39 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

60.21 %

Houses

39.79 %

Own Vs. Rent