For Sale: 117 Elmwood Drive, Moncton, NB

About this home

ATTENTION INVESTORS. 117 Elmwood is a duplex with two additional non-conforming units, offering a strong entry point for rental income in a convenient and easy to find location. The right side of the property is a fully renovated one bedroom unit with its own separate entrance, newer kitchen and modern finishes throughout. The left side is the main unit, a four bedroom four bathroom layout with living room and kitchen with dining space on the main floor and three bedrooms and three bathrooms upstairs. The main floor bedroom and bathroom of this unit is currently being used as a separate non-conforming bachelor suite. The basement of the main unit is a separate non-conforming unit with its own entrance from the rear, featuring three bedrooms(non-conforming), one bathroom, its own kitchen and living room. A large paved parking area at the back of the property serves all units. Whether you are looking to start generating rental income or grow an existing portfolio, this is a strong opportunity, and it also suits an owner occupier who wants to live in one unit and let the others carry the mortgage. (id:63626)

Listed by: Arvin Kumar, Student, eXp Realty

Home facts and features

Price details

List Price

$559,900

Gross Taxes for 2026

$7,457

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

6996 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Heat Pump, Baseboard heaters, Electric

Cooling

Heat Pump

Agent details

Primary Agent

Arvin Kumar

Primary Broker

eXp Realty

Listing details

Days on REW

2 Days

MLS® Number

NB144449

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

5 Schools are within 7km

Sunny Brae Middle School

n/a
5 - 8
In Catchment

Forest Glen School

n/a
K - 4
In Catchment

École Le Mascaret

n/a
6 - 8
In Catchment

École l'Odyssée

n/a
9 - 12
In Catchment

Moncton High School

n/a
9 - 12
In Catchment

117 Elmwood DriveMoncton, NB, E1A 1X2