For Sale: 178 Westmorland Street, Fredericton, NB

About this home

Secure your future with this exceptional investment opportunity in one of Fredericton's most desirable downtown locations. This well maintained three unit property offers immediate rental income with exceptional long term growth potential. With current rents below market value, investors have a rare opportunity to increase revenue over time while benefiting from long term appreciation in a high demand rental market. Each unit is separately metered, offering added convenience and simplified management. Located in the heart of downtown, tenants will enjoy walking distance to restaurants, cafés, shopping, entertainment, parks, schools, public transit, and Fredericton's picturesque riverfront trail system. This unbeatable location continues to attract quality tenants year after year. Whether you're building your first investment portfolio or adding another strong asset to an existing one, this is the type of property that delivers today and continues to grow in value for years to come. Prime downtown opportunities like this are increasingly difficult to find, making it a smart investment with lasting potential. (id:63626)

Listed by: Maria Hanna, Salesperson, REMAX East Coast Elite Realty

Home facts and features

Price details

List Price

$599,900

Gross Taxes for 2026

$6,584

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

4413 ft²

Depth

Year Built

Built in 1967 (59 yrs old)

Title

Freehold

Exterior Finish

Vinyl, Wood siding

Heating Type

Baseboard heaters

Basement Details

Crawl space

Features

Smoke Detectors

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Maria Hanna

Primary Broker

REMAX East Coast Elite Realty

Listing details

Days on REW

1 Day

MLS® Number

NB144884

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

7 Schools are within 65km

George Street Middle School

n/a
6 - 8
In Catchment

Montessori World

n/a
K
In Catchment

Connaught Street School

n/a
K - 5
In Catchment

Priestman Street Elementary School

n/a
K - 5
In Catchment

Enterprise Centre

n/a
6 - 12
In Catchment

Fredericton High School

n/a
9 - 12
In Catchment

Canterbury High School

n/a
K - 12
In Catchment

178 Westmorland StreetFredericton, NB, E3B 3L7