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.
For sale
C$3,600,000
30 Parkwood Dr, Truro Heights, NS B6L 1P1
38beds
--baths
7,192sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$501/sqft
C$-- HOA
What's special
- 5 days
- on Zillow |
- 19 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 08:22am
Listed by:
Andrew Keddy,
Royal LePage Truro Real Estate Brokerage,
Rachel Keddy,
Royal LePage Truro Real Estate
Source: NSAR,MLS®#: 202508353
Originating MLS®#: Nova Scotia Association of REALTORS®

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
Heating
- Baseboard, Heat Pump -Ductless
Appliances
- Laundry: Laundry
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Finished
Interior area
- Total structure area: 7,192
- Total interior livable area: 7,192 sqft
Property
Parking
- Parking features: Parking Spaces(s), Paved, Parking
- Details: Parking Details(Paved Parking Area In Front)
Lot
- Size: 1.49 Acres
- Features: 1 to 2.99 Acres
Details
- Parcel number: 20216974
- Zoning: R4
- Other equipment: No Rental Equipment
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Other
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
Location
- Region: Truro Heights
Financial & listing details
- Price per square foot: C$501/sqft
- Tax assessed value: C$2,079,600
- Price range: C$3.6M - C$3.6M
- Date on market: 4/21/2025
- Ownership: Freehold
- Electric utility on property: Yes
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