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5 Minerva Drive, Truro, NS, B2N 5N8

MLS® # 202421305
Investment For Sale In Truro, Nova Scotia
$550,000
5 Minerva Drive, Truro, NS
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5 Minerva Drive, Truro, NS, B2N 5N8
$550,000

Property Information:

A RARE FIND! Don't miss this opportunity to purchase one (or more) of three available purpose built 4-plexes in Truro at 1, 5, or 11 Minerva Dr! Built sturdy, and with many of the units updated in recent years, these buildings have great tenants, most of them long term, and with being centrally located near the industrial park, downtown Truro, and even NSCC Truro Campus there is sure to be steady demand for these apartments over the long term. Ideally situated near to the downtown core, the property is within walking distance of most amenities, restaurants, and parks that renters desire. With lots of space for rental increases over time, this offering presents significant upside potential. Don't miss your chance to secure a high-demand property in a desirable location! Please Note: the seller requires that the first buyer purchase at least 2 of the 3 buildings, with preference given to a buyer willing to purchase all 3 at once.

Property Features:

  • Built in: 1974
  • Title to Land: Freehold

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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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5 Minerva Drive, Truro, NS, B2N 5N8

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, 5 Minerva Drive , 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, 5 Minerva Drive , 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.

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Demographic Information of 5 Minerva Drive, Truro, NS, B2N 5N8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$85,710.29

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.13 %

High school certificate or equivalent

35.74 %

Apprenticeship trade certificate/diploma

11.02 %

College/non-university certificate

17.16 %

University certificate (below bachelor)

0.82 %

University Degree

15.12 %

Commuter

Travel To Work

By Car

84.63 %

By Public Transit

0.0 %

By Walking

9.39 %

By Bicycle

0.0 %

By Other Methods

5.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.65 %

Houses

50.35 %

Own Vs. Rent

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