Looking to Invest in Real Estate in TRURO?

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TRURO is a city in NS, Canada. It has a population of 23,583. It is the #183 biggest city in Canada and #5 in NS. There are approximately 9,810 dwellings in the city. The estimated average rent is $920.12. There are an estimated 2,437 rentals in the city.

We estimate the revenue from rental income in TRURO, NS to be $26,908,135.50 annually.

Rental Roll
$578.00

Bachelor Pad

$732.50

1 Bedroom Rent

$1,002.25

2 Bedroom Rent

$1,139.67

3 Bedroom Rent

Property Types
Property Types in TRURO, NS

Total - Structural type of dwelling

9,810

Single-detached house

6,254

Semi-detached house

494

Row house

257

Apartment or flat in a duplex

301

Apartment in a building that has fewer than five storeys

1,479

Apartment in a building that has five or more storeys

656

Other single-attached house

15

Movable dwelling

351

Note: The above numbers are estimates based on open source data and are for informational purposes only. Thank you to CMHC, Statistics Canada, and Geonames.

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Investing in Real Estate can result in capital gains which are taxed more favourably than income.

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Generate a consistent stream of cash flow from monthly rent collections.

Protect Against Inflation

Property values and rents typically increase during times of inflation, providing a safeguard for your investments.

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Capital Appreciation

Historically, real estate prices have outpaced wage increases, offering potential for significant capital appreciation.

Inflation Protection

Real estate values typically rise during periods of inflation, providing a safeguard against inflation.

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Real estate investments offer low correlation to other asset classes, providing a diversification opportunity for your portfolio.

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