About 30 Parkwood Drive
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.
Features of 30 Parkwood Drive
| MLS® # | 202508353 |
|---|---|
| Price | $3,450,000 |
| Bedrooms | 38 |
| Bathrooms | 0.00 |
| Acres | 1.49 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 30 Parkwood Drive |
|---|---|
| Area | Northern Region |
| District | 104-Truro / Bible Hill |
| Sub-District | N/A |
| City | Truro Heights |
| County | Colchester |
| Province | NS |
| Postal Code | B2Y 3W6 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | Parking Spaces(s), Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Ductless |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Lot Description | 1 to 2.99 Acres |
|---|---|
| Roof | Asphalt |
| Construction | Brick, Other |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Truro Elementary School |
|---|---|
| Middle | Truro Junior High School |
| High | Cobequid Educational Centre |
Additional Information
| Days on Market | 64 |
|---|---|
| Zoning | R4 |
Listing Details
| Office | Royal LePage Truro Real Estate |
|---|