Property Information:

Turnkey income property in Fredericton South generating $3,600/month! This well-maintained two-unit property offers strong, stable cash flow and excellent functionality for investors. The building features two self-contained units, including a spacious 3-bedroom upper unit and a fully finished 2-bedroom walkout basement apartment. Each unit is equipped with its own laundry and separate meters, reducing operating complexity and supporting tenant independence. Situated on a corner lot with separate driveways for each unit, the property offers added privacy, easy access, and strong tenant appeal—key factors for long-term occupancy and rental stability. Recent improvements include a ductless heat pump for efficient heating and cooling. Additional features include an attached single garage and a rooftop patio, enhancing overall value and marketability. Current rents are $2,000/month (upper unit) and $1,600/month (lower unit). Located in a desirable area close to amenities, schools, and major routes, this is a solid opportunity for investors seeking reliable income in a strong rental market.

Building Features:

Garage: Yes
Total Finished Area: 2016 Square Feet

Property Features:

Built in: 1967
Driveway: Gravel
Exterior: Vinyl
Flooring: Ceramic/Marble, Laminate, Wood
Heating Cooling: Baseboard, Electric, Heat Pump - Ductless
Land Features: Corner
Property Size: Under 0.5 Acres
Roof: Asphalt Shingle
Title To Land: Freehold
Water: Municipal

Courtesy of: eXp Realty

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Demographic Information of 91 Fairview, Fredericton, NB, E3C 1K3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$125,722.79

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.58 %

High school certificate or equivalent

22.06 %

Apprenticeship trade certificate/diploma

6.31 %

College/non-university certificate

26.14 %

University certificate (below bachelor)

0.12 %

University Degree

38.79 %

Commuter

Travel To Work

By Car

96.87 %

By Public Transit

0.27 %

By Walking

0.75 %

By Bicycle

0.0 %

By Other Methods

2.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.25 %

Houses

97.75 %

91 Fairview, Fredericton, NB, E3C 1K3