For Sale: 40 Ayres Street, Fredericton, NB - REW
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$489,900
6 bd • 2 ba • 1457 sf • House
40 Ayres Street
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$489,900

40 Ayres StreetFredericton, NB, E3B 5K7

  • 6 Bed
  • 2 Bath
  • 1457 Sqft
  • House

About this home

Looking for a home that can help offset your housing costs? This versatile six-bedroom property is an excellent opportunity for homeowners and investors alike. Live on one level while generating rental income from the other, or explore its potential as an investment property. The home features three bedrooms and one bathroom on each level, with separate entrances, separate meters, and dedicated laundry facilities for added privacy and convenience. The upper level also features an energy-efficient ductless split heat pump. Recent updates to the upper level include fresh paint, a new dryer and refrigerator, updated light fixtures, replacement of window screens and deck door, new kitchen flooring, and a serviced heat pump. Lower-level improvements include renovated bathrooms, a new washer and dryer, a new microwave, fresh paint, updated flooring, and a replaced living room ceiling. Exterior improvements include refinished walkway steps and a spring house wash. Enjoy a double-car paved driveway and a spacious backyard, ideal for outdoor relaxation and entertaining. Both units were previously rented, and the upstairs unit currently generates $2,200/month, with the lease ending July 31, 2027. Whether you're looking to expand your investment portfolio or reduce your monthly housing costs while building long-term equity, this property offers flexibility and income potential. Property taxes reflect the non-owner-occupied rate. (id:63626)
Listed by: Rani Saggere Sharma, Salesperson, eXp Realty

Home facts and features

Price details
List Price
$489,900
Gross Taxes for 2026
$6,751
Home facts
Bedrooms
6
Full Bathrooms
2
Property Type
House
Lot Size
837 ft²
Depth
Year Built
Built in 1975 (51 yrs old)
Title
Freehold
Style
Split entry bungalow2 Level
Exterior Finish
Vinyl
Heating Type
Heat Pump, Baseboard heaters, Electric
Cooling
Heat Pump
Features
Balcony/Deck/Patio
Agent details
Primary Agent
Primary Broker
eXp Realty
Secondary Agent
Rajat Sharma
Secondary Broker
eXp Realty
Listing details
Days on REW
4 Days
MLS® Number
NB149690
Source
Canadian Real Estate Association
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3.99%

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Property Insights

Bliss Carman Middle School
  • n/a
  • 6 - 8
  • In Catchment
Forest Hill Elementary School
  • n/a
  • K - 1
  • In Catchment
Liverpool Street Elementary School
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  • 2 - 5
  • In Catchment
École Des Bâtisseurs
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  • K - 5
  • In Catchment
École Sainte-Anne
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  • 6 - 12
  • In Catchment
Montgomery Street Elementary School
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  • K - 5
  • In Catchment
Lincoln Elementary Community School
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  • K - 5
  • In Catchment
Our Lady Of Grace School
  • n/a
  • 1 - 9
  • In Catchment
New Maryland Elementary School
  • n/a
  • K - 5
  • In Catchment
Canterbury High School
  • n/a
  • K - 12
  • In Catchment
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Call Agent
Salesperson
Rani Saggere Sharma
Phone:
(506) 897-1619
Salesperson
Rajat Sharma
Phone:
(506) 262-1888
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