Excellent investment opportunity at 86 Ford Street, Truro. This 15 year old building is built on a slab and consists of two, 2 storey identical units. Each unit has 1600 sq/ft of living space, 3 bedrooms (walk in closet in primary), 2 full bathrooms, in floor heat, 2 heat pumps, 5 appliances, open concept kitchen, dining and living room areas, paved driveways, large deck, laundry in each unit, as well as each unit has an attached garage. All units are at current market value rents (fixed leases). Tenants pay their own heat and lights. Incredible location - close to schools, shopping and a short walk to downtown. Excellent ROI. Only basic maintenance needed, current owners took pride in the maintenance of this building, turn-key rentals. Identical 2 unit building next door (90 Ford Street MLS®202507809) is also for sale and both building are available in a package (MLS®202501459).
Robie Street then turn left on Ford Street, buildings are on the left.
Listing Sub-Area:
104-Truro / Bible Hill
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
56 x 31.5
Outside Dimenions:
50x100
Lot Size:
5,001 sq. ft.465 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
2010
(Age: 15)
Age:
15
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Slab
Basement:
None
Floor Finish:
Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Heat Pump -Ductless, In Floor, Radiant
Fuel:
Electric
Garage Description:
2 single garages (one under each unit)
Parking:
Yes
Parking Description:
paved driveway
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
1,300.00/yr
Sewer:
Municipal
Num Units:
2
Num 3 Bed Units:
2
# Of Dishwashers:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Microwaves:
0
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, 50,400.00 /yr
Approx. Net Income:
41,515.00/yr
Insurance Expense:
2,000.00/yr
Taxes Costs:
5,585.00/yr
Approx. Total Expense:
8,885.00/yr
Approx. Total Income:
50,400.00/yr
Cable, Heat/Air Exchange, Power, Telephone
Park, Playground, School Bus Service, Shopping, Place of Worship
Data was last updated April 19, 2025 at 11:20 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$499,900
Min list price:
$225,000
Max list price:
$2,900,000
Avg days on market:
89
Min days on market:
2
Max days on market:
468
These statistics are generated based on the current listing's property type
and located in
104-Truro / Bible Hill. Average values are
derived using median calculations.
