About this home

Welcome to 464 Greenwood Promenade in Shediac, an excellent investment opportunity situated on approximately 1 acre of commercially zoned land. Offering versatility, income potential, and room for future possibilities, this property is ideal for investors looking to expand their portfolio or buyers seeking a multi-unit property with added flexibility. The building features three self-contained residential units, including two one-bedroom apartments and one two-bedroom apartment. Each unit offers its own kitchen, living room, bathroom, and laundry facilities, providing convenience and independence for occupants. One of the apartments also features a welcoming den with a wood stove. Additional highlights include three separate electrical panels, individual power meters for each unit, and ample on-site parking. The generous lot size and commercial zoning add another dimension of potential for future use or development, subject to municipal approvals. Conveniently located in Shediac, this property presents an attractive opportunity to generate rental income while exploring the possibilities of its commercial designation. Whether you're an experienced investor or looking to enter the income-property market, 464 Greenwood Promenade offers space, versatility, and long-term potential. (id:63626)

Listed by: Allain LeBlanc, Salesperson, Sotheby's International Realty Canada

Home facts and features

Price details

List Price

$499,900

Gross Taxes for 2026

$5,278

Home facts

Bedrooms

Full Bathrooms

Partial Bathrooms

Property Type

Multifamily

Lot Size

43560 ft²

Depth

Title

Freehold

Style

3 Level

Exterior Finish

Wood

Heating Type

Heat Pump, Baseboard heaters, Stove, Electric, Wood

Cooling

Heat Pump

Basement Details

Full

Agent details

Primary Agent

Allain LeBlanc

Primary Broker

Sotheby's International Realty Canada

Listing details

Days on REW

1 Day

MLS® Number

NB149228

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

2 Schools are within 1km

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

464 GreenwoodShediac, NB, E4P 1V6