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130 Victoria Street, Truro, NS, B2N 1Z1

MLS® # 202422999
Conditionally Sold
Investment In Truro, Nova Scotia
$589,900 QuickQuoteTM: $497K - $605K
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
130 Victoria Street, Truro, NS
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130 Victoria Street, Truro, NS, B2N 1Z1

Status:

$589,900

Property Information:

This well maintained 5 Unit, 2.5 storey income property is a rare find for savvy investors. Nestled in the vibrant community of Truro, this building has proven to be a stable source of rental income. Each unit boasts generous space, abundant natural light, and charming hardwood floors with classic large trim throughout. The property features a mix of units: Apartment 1: 2 bedrooms, Apartment 2: 1 bedroom, Apartment 3: 1 bedroom, Apartment 4: 2 bedrooms, Apartment 5: 2 bedrooms. Additionally, the building offers shared laundry facilities, conveniently located at the back of the property. The owner currently covers heating costs (oil heat), and tenants pay their own power. Apartment 3 is currently vacant and ready for a new tenant, freshly renovated with a new shower, vanity, toilet in the bathroom, and vinyl flooring through some of the apartment, and the existing hardwood through the rest. The apartment is bright and clean and ready for your new tenant. This is a fantastic opportunity for investors seeking a reliable, income-generating property in a prime location. Don't miss your chance to add this valuable asset to your portfolio. Large renovations recently included the renovation of apartment 3, new side fencing in rear yard, removal of an older shed to increase tenant parking out back on new gravel, installation of leased oil burner (Year 2021 for 60mths), some exterior landscaping, kitchen and bath renovation apartment 2 (2023), and replacement of coin operated washer/dryer. Don't miss out on this Downtown multi-unit investment property.

Property Features:

  • Built in: 1873
  • Title to Land: Freehold

Courtesy of: Hants 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

Sales/Price History

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QuickQuoteTM Powered by RPS

Location of 130 Victoria Street, Truro, NS, B2N 1Z1

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-Low

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

30 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 130 Victoria Street , experiences 7 hot days per year at around 26.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 29.3 degrees Celsius.

Projected Avg. Temperature

Past
26.4℃
2050
29.3℃

# Hot Days Per Year

Past
7
2050
30

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, 130 Victoria 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 130 Victoria Street, Truro, NS, B2N 1Z1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

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