Turnkey Duplex with Excellent Income & Upgrades in Truro Welcome to 59 Pleasant Street, a standout income-generating duplex in the heart of Truro that offers immediate cash flow, thoughtful upgrades, and excellent long-term tenants already in place. Partially rented and well maintained, this property currently brings in a monthly income of $1,543. With both units occupied, there's potential for up to $3,045 a month– that’s $36,540 annually, with strong potential for future growth. The lower unit offers 1,105 sq ft, featuring 2 bedrooms and 1 bathroom, and was fully renovated in 2022 with a modernized bathroom, new flooring, fresh paint, updated fixtures, and stylish finishes. The upper unit spans 958 sq ft with 3 bedrooms and 1 bathroom, and is bright, clean, and well cared for. Both units are fully equipped with appliances and in-suite laundry, all of which are included in the sale. Heat, water, hot water, and electricity are included in the rent, making these suites especially attractive to tenants. This turnkey property boasts a long list of upgrades: new back decks, privacy fencing, a freshly paved driveway, a new roof (2020), and a new hot water tank (2024), new electrical panel and baseboard heaters in the upper unit (2026). Systems are low-maintenance, featuring electric baseboard heat, energy-efficient heat pumps, and municipal water and sewer. Located in a family-friendly Truro neighbourhood close to great schools, parks, shopping, and downtown amenities, this property is just 1 hour to Halifax and 40 minutes to Halifax Stanfield International Airport, making it ideal for commuters, students, or working professionals. With market rent potential of $1,700 and $1,800/month, this is a rock-solid investment in a growing area. Whether you're an experienced investor or just getting started, 59 Pleasant Street offers stability, value, and long-term upside in one neat package.
https://maps.app.goo.gl/MaVXPR6t1PLMad5Q8
Listing Sub-Area:
104-Truro/Bible Hill/Stewiacke
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
61'2" x 25'7"
Lot Size:
4,199 sq. ft.390 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
1
Year built:
1933
(Age: 93)
Age:
93
Exterior Finish:
Wood Siding
Foundation:
Block
Basement:
None
Floor Finish:
Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
Driveway
Driveway:
Parking Spaces(s), Paved, Shared Driveway
Water Supply:
Municipal
Water And Sewage:
1,440
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Dishwashers:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Microwaves:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, 18516 (1/2 units occupied)
Approx. Net Income:
5000 (bsd on 1/2 occpd units)
Insurance Expense:
2,036
Taxes Costs:
3,446
Electricity Bill:
6,798
Approx. Total Expense:
13,720
Appliances
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Stove, Dryer, Washer, Freezer - Stand Up, Microwave, Refrigerator
Data was last updated June 24, 2026 at 07:20 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$434,900
Min list price:
$329,900
Max list price:
$825,000
Avg days on market:
41
Min days on market:
2
Max days on market:
348
These statistics are generated based on the current listing's property type
and located in
104-Truro/Bible Hill/Stewiacke. Average values are
derived using median calculations. This data is not produced by
the MLS® system.