48-50 Burnyeat Street, Truro

Description

Ideally situated on the edge of the highly sought-after Victoria Park, this well-maintained two-unit property offers an excellent opportunity for both homeowners and investors alike. Enjoy the convenience of being just steps away from the tennis club, Victoria Park swimming pool, scenic hiking trails, skate park, playground, and all the amenities of downtown. The main-level unit features two bedrooms, a spacious living room, kitchen, and four-piece bathroom. Additional living space includes a finished recreation room, workshop, and dedicated laundry room in the basement, exclusively for the main-floor occupants. The upper-level unit also offers two bedrooms, a comfortable living room, kitchen, and four-piece bathroom. Both units benefit from their own private decks, perfect for relaxing on warm summer evenings or enjoying a morning coffee. Outside, the property boasts an exceptionally private yard, reflecting the pride of ownership and attention to detail shown by the current owners. Recent upgrades include new decking, new windows, roof shingles, and paved driveway. Whether you're looking to live in one unit while generating rental income from the other to help offset your mortgage, or add a solid income property to your investment portfolio, this property offers tremendous versatility. Its desirable central location makes it especially attractive to tenants, contributing to historically low vacancy rates. Each unit also enjoys the added convenience of its own separate driveway. With its excellent condition, numerous updates, private outdoor spaces, and unbeatable proximity to Victoria Park and downtown amenities, this property deserves a spot at the top of your must-see list! 2nd floor unit is now vacant, previous tenant moved mid-October and was paying $1250 + NS power 1st floor is currently occupied but will be vacant at the time of closing. Potential rent could be in the $1800 range with the tenant paying their own NS Power.