For Sale: 107 Canada Street, Fredericton, NB

About this home

If you have ever thought about the concept of owning an income property, triplex buildings are a fantastic starting point, as they offer three income streams from one building. Typically, triplexes offer lower operational costs when compared to duplex investments. They also offer more flexibility. The potential for a steady annual rental income is strong, as this building has a solid, uninterrupted rental history with long term tenants - a strong indicator of the makings of a reliable investment. Featuring two 2 bedroom units and one 1 bedroom unit, renovations have occurred consistently here over the last 7 years. Principal among them was a new roof in 2019. Each unit is separately metered for convenience and ease of management. Tenants take pride in their environments and look after each other well. With public transport directly out the front, offering timely access to downtown, plus the ability to walk to the historic town of Marysville, this property has both city and country offerings right at your doorstep. Three cars spaces offer ease of parking. A summary of income and expenses for 2026 is on file. Triplexes are a rarity in this city and offer a great choice for those wishing to diversity their investment portfolio or those thinking of starting one. Yours could well start here! (id:63626)

Listed by: Kate Mammen, Salesperson, EXIT Realty Advantage

Home facts and features

Price details

List Price

$347,500

Gross Taxes for 2026

$4,848

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

418 ft²

Depth

Year Built

Built in 1970 (56 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric, Hot Water

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Kate Mammen

Primary Broker

EXIT Realty Advantage

Listing details

Days on REW

12 Days

Property Views

MLS® Number

NB150526

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

7 Schools are within 3km

École Les Éclaireurs

n/a
K - 8
In Catchment

Gibson-Neill Memorial Elementary School

n/a
K - 5
In Catchment

Leo Hayes High School

n/a
9 - 12
In Catchment

Devon Middle School

n/a
6 - 8
In Catchment

Meduxnekeag Consolidated School

n/a
K - 8
In Catchment

Devon Park Christian School

n/a
K - 12
In Catchment

Chief Harold Sappier Memorial Elementary School

n/a
K - 5
In Catchment

107 Canada StreetFredericton, NB, E3A 3Z4