The famous Stanfield House in Truro presents an incredible opportunity for investors and visionaries looking to enhance a property with rich history and character. Built in 1902 for Mr. John Standfield ( son of Charles Standfield, founder of Truro Knitting Mills, currently Stanfields). This stunning residence has witnessed various transformations, from a rooming house to professional offices, and now functions as a five-unit rental property. One of the standout features of Standfield House is its preservation of original details, including exquisite hardwood trim and flooring, which adds to its timeless charm. The main unit is particularly spacious, spanning two floors with five bedrooms and 4.5 baths, making it ideal for larger families or groups. Currently, two of the rental units are occupied, allowing new owners the flexibility to set rents for the remaining units, potentially increasing their revenue stream from the outset. The property is situated on just over three acres of land, featuring a serene pond that adds to the tranquil setting in the center of Truro, the hub of Nova Scotia. A few upgrades worth mentioning are the metal roof, plumbing, phase 4 electrical, kitchens and much more. Whether you’re looking to enhance an investment portfolio or seeking a unique property with potential for further development, Standfield House could be the perfect canvas to bring your ideas to life. Don't miss the chance to own such a magnificent property with endless possibilities! Will you be the one to unlock its full potential?
Prince Street, drive through "Inn on Prince" Parking Lot to the left through the black gates at the back.
Listing Sub-Area:
104-Truro/Bible Hill/Stewiacke
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
Irregular
Outside Dimenions:
Irregular
Lot Size:
3.07 acre(s)1.24 hectare(s)
Prop Size:
3 to 9.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
1902
(Age: 123)
Age:
123
# Floors:
3
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Ceramic, Hardwood, Laminate
Roof:
Metal
Heating:
Hot Water, In Floor
Fuel:
Oil
Parking:
Yes
Parking Description:
Multi
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
1822.05
Sewer:
Municipal
Num Units:
5
Num Bachelor Units:
1
Num 1 Bed Units:
2
Num 3 Bed Units:
1
Num 4 Bed Units:
1
# Of Fridges:
5
# Of Stoves:
5
Rental Income:
Yes, 33600
Insurance Expense:
5926.00
Taxes Costs:
2140.58
Management expense:
Owner
Heating Bill:
11840.43
Electricity Bill:
7876.44
Approx. Total Income:
33600
Apt Conforming, Dining Room, Ensuite Bath, Family Room, Laundry, Telephone, Gazebo
Data was last updated August 14, 2025 at 09:20 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$479,900
Min list price:
$189,900
Max list price:
$3,000,000
Avg days on market:
94
Min days on market:
6
Max days on market:
330
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.