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Residential Income For Sale

1.49 Acre - 30 Parkwood Drive, Truro Heights Ns B2y 3w6

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Property Description

Now available in the growing community of Truro Heights: a rare 24-unit apartment building offering both immediate income and long-term upside. This 3-storey, wood-frame walk-up features individual power meters for each unit, ample on-site parking, and a strong tenant base. With a gross potential rental income nearing $30,000/month ($360,000 annually), this property is already a solid performer. Even better? 16 of the 24 units have been recently updated, leaving room for additional value-add improvements. With rental demand strong in the area and an appraisal pointing to a much higher potential value than the current asking price, this is a golden opportunity for savvy investors. Whether you’re scaling your portfolio or stepping into multifamily ownership, this building is worth a closer look.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202508353
Price : C$3600000
Bedrooms : 38
Lot Area : 1.49 Acre
Status : Active Under Contract
Listing Status : CONDITIONAL SALE
Property Sub Type : Multi Family
Roof : Asphalt
Features
Heating System : Baseboard, Ductless
Basement : Finished
Parking : Paved, Parking Spaces(s)
Utilities : Electricity Connected
Sewer : Municipal
Laundry Features : Laundry
Flooring : Carpet, Vinyl, Laminate
Address Map
Location Text : 30 Parkwood Drive, Truro Heights Ns B2y 3w6
County : Colchester
City : Truro Heights
Postal Code : B2Y 3W6
Street : Parkwood
Street Number : 30
Street Suffix : Drive
Longitude : W64° 40' 57''
Latitude : N45° 21' 21.4''
Directions : From Truro Heights Road, turn onto Parkwood Drive, property on right
Mls Area Major : 104-Truro / Bible Hill
Zoning : R4
Neighborhood
Middle School : Truro Junior High School
High School : Cobequid Educational Centre
Elementary School : Truro Elementary School
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : Royal LePage Truro Real Estate
Agent Name : Andrew Keddy
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Number Of Units Total : 24
Lot Features : 1 to 2.99 Acres
Foundation Details : Concrete Perimeter
Construction Materials : Other, Brick
Community Features : Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
Listing Information
Co List Agent Full Name : Rachel Keddy
Co List Agent Mls Id : N16537
Co List Office Mls Id : N7268
Co List Office Name : Royal LePage Truro Real Estate
List Agent Mls Id : N18813
List Office Mls Id : N7268
Mls Status : CONDITIONAL SALE
Modification Timestamp : 2025-04-28T14:29:19Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202508353
  • Bedrooms : 38
  • Lot Area : 1.49 Acre
  • Visits : 24 in 15 days
C$3600000
Agent info
Cowan-Smith Team
128 Chain Lake Drive
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