Presenting: 24 Louise St, together with the neighbouring property at 20 Louise (triplex), forms a rare investment opportunity in the heart of downtown Truro! This 15 unit building with an approved development agreement for a 16th unit that is mostly finished (well will not be finishing for closing) 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 place value on a buyer purchasing all three properties at the same time.
For sale
C$2,350,000
24 Louise St, Truro, NS B2N 3K2
24beds
--baths
2,940sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$799/sqft
C$-- HOA
What's special
- 28 days
- on Zillow |
- 18 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 13, 2025 at 07:39am
Listed by:
Andrew Keddy,
Royal LePage Truro Real Estate Brokerage
Source: NSAR,MLS®#: 202506154
Originating MLS®#: Nova Scotia Association of REALTORS®

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
Heating
- Baseboard
Appliances
- Included: Stove, Refrigerator
Features
- Flooring: Laminate, Vinyl
- Basement: Finished
Interior area
- Total structure area: 2,940
- Total interior livable area: 2,940 sqft
Property
Parking
- Parking features: Gravel, Shared
- Details: Parking Details(Limited Parking)
Lot
- Size: 3,598.06 Square Feet
- Features: Under 0.5 Acres
Details
- Parcel number: 20182770
- Zoning: UC
- Other equipment: No Rental Equipment
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Steel Siding
- Foundation: Concrete Perimeter
- Roof: Steel
Condition
- New construction: No
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Golf, Playground, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
Location
- Region: Truro
Financial & listing details
- Price per square foot: C$799/sqft
- Price range: C$2.4M - C$2.4M
- Date on market: 3/28/2025
- Ownership: Freehold
- Electric utility on property: Yes
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