Home with brick exterior material, street for 20 Louise St, Truro Nova Scotia B2N 3K2
41 days on Market

20 Louise St, Truro, Nova Scotia B2N 3K2

Townhouse
4
-
- sqft
$•••,•••
$275,000
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Townhouse
4
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$1,181/mo

Tax Amount ()-

Days On Market41 days


Description

Presenting: 20 Louise St, together with the neighbouring property at 24 Louise, forms a rare investment opportunity in the heart of downtown Truro! This triplex offers a fantastic opportunity for investors seeking long term rental income in a high-demand area. Located between Prince and Queen street, it's within walking distance to shops, restaurants, and amenities, this property ensures consistent tenant demand and long-term value. 20 and 24 Louise together produce gross potential rental income, based on full occupancy, of approximately $250,000/year making this an attractive addition to the savvy investor's portfolio. As an added benefit, with management already in place, a new owner can simply take over and enjoy the benefits of owning 2 great properties in Truro's thriving downtown! Detailed financials available upon request with a signed Non-Disclosure Agreement. Please Note: 20 and 24 Louise MUST be sold together. 615 Prince is also available from the same owner and the owner would appreciate


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202506153
Community NameTruro
Data SourceNSAR
Listing byRoyal LePage Truro Real Estate

Features

Heating: Baseboard, Ductless
Basement: Crawl Space

Features

Patio: Deck

Property History

Mar 28, 2025
ListedActive
$275,000
41 days on market
history photo preview3
Listing by nsar®
Property listed by Royal LePage Truro Real Estate, Brokerage
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Market Data - Truro

Geo Zone Map ThumbnailTruro

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

91 days

Compared to

2024

3 days

2023

99 days

2022

22 days

New Listings

Past 30 days

6 listings

Compared to

2024

0 listing

2023

1 listing

2022

6 listings

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

1 unit

2022

6 units

Median Sold Price

Past 30 days

$395,000

Compared to

2024

$264,500

2023

$290,000

2022

$324,912


Population and Demographics

Overview

Total population 11477
Average household income $92,589

Age (%)

65 and plus
25%
50 to 64
21%
20 to 34
20%
0 to 19
18%
35 to 49
17%

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%

Schools and amenities

Estimated Budget