12 & 14 Pictou Road, Bible Hill
An Exceptional Development & Investment Opportunity in the Heart of Truro. What truly sets this opportunity apart is the forward thinking vision already in place. The current owners have commissioned architectural plans for a proposed 19 unit residential development with dedicated commercial space, offering investors and developers a head start on unlocking the site's full potential. Whether your strategy is to hold for cash flow, redevelop immediately, or pursue a phased development approach, this property provides exceptional flexibility and upside. Positioned on a high-visibility corridor and just minutes from downtown, 12 & 14 Pictou Road offers a rare chance to acquire an income-producing asset with significant future development potential. This unique offering consists of two multifamily duplexes featuring a total of four residential units, including two 3-bedroom units and two 2-bedroom units, providing immediate rental income while future plans are advanced. Strategically located within walking distance of Dalhousie University's Agricultural Campus, Truro Mall, downtown amenities, restaurants, and public transit, the property benefits from strong rental demand and excellent long term growth prospects. Additional features include ample on-site parking and an 18' x 22' garage, further enhancing the property's functionality and value. As Truro continues to experience growth and revitalization, opportunities of this scale, location, and development potential are becoming increasingly difficult to find. Secure your position in one of Nova Scotia's growing markets and explore the possibilities that 12 & 14 Pictou Road has to offer. Test (id:1945)
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Property details for 12 & 14 Pictou Road, Bible Hill
- Type
- Multi-family
- Lot Size
- 0.3845
- Parking
- Paved Yard, Parking Space(s), Gravel
- Heating
- Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace
- Exterior
- Vinyl
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 12 & 14 Pictou Road
Active Listings
12
Min Price
$44,900
Max Price
$609,000
Avg Price
$262,583
Days on Market
155
days
Sold Listings
8
Min Sold Price
$114,500
Max Sold Price
$419,000
Avg Sold Price
$285,288
Days until Sold
69
days
Neighbourhood Census Data
Colchester, Subd. B, Nova Scotia / Nouvelle-Écosse
Population
915
Median Age
47.6
Median Income
$33,024
Dwelling Value
$239,976
Housing Tenure
Owners 71%
Renters 28%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 389.4/km²
Avg Shelter Cost: $1,114/mo
Owners with Mortgage: 50.9%
Owners Spending 30%+: 21.8%
Tenants Spending 30%+: 45.5%
English only: 90.7%
English and French: 9.3%
Median Household Income: $62,912
Median Employment Income: $32,128
Price History
Listed
June 17, 2026
by Royal LePage Atlantic
Current Price
$599,000
-7.8% from last change
Type
Multi-family
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $599,000 | $50,999 (-7.8%) |
| Aug 30, 2026 | $649,999 | $49,001 (-7%) |
| Jun 22, 2026 | $699,000 | Listed |
