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For Sale · Fredericton · Single Family
$779,900
About This Home
Welcome to this exceptional 3-unit property in the heart of Fredericton, perfectly positioned within walking distance to the city's vibrant downtown core, local universities, the scenic Saint John River, grocery stores, and recreational facilities. This well-maintained triplex features two bright 1-bedroom, 1-bathroom apartments, ideal for students or young professionals. Along with a spacious and beautiful 3-bedroom, 2-bathroom unit occupying the upper level. The larger unit offers generous living space and the convenience of in-unit laundry, making it especially attractive for long-term tenants or owner-occupants. The two 1-bedroom units share access to a dedicated laundry area in the basement, and the property also includes an additional unfinished unit currently used as a large storage room, presenting excellent potential for future development or increased rental income (subject to approvals). Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this centrally located property offers strong rental appeal in one of Fredericton's most desirable downtown areas. Total rental income is $4800 per month (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$3,647
$623,920 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$3,647
Cash flow
-$3,647
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Fredericton right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Fredericton, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 515 residents in 279 homes, 2,598 people/km² (urban).
Source: Statistics Canada 2021 Census, Fredericton, City, New Brunswick; block-level figures from dissemination area 13100211.
Schools
K-12 schools closest to this home, with straight-line distances.
George Street Middle School
public · elementary
Connaught Street School
public · elementary
Montgomery Street Elementary School
public · elementary
Barkers Point Elementary School
public · elementary
École des Bâtisseurs
public · elementary
École Sainte-Anne
public · k12
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.