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242 West Lane, Moncton

  • Bedrooms: 5
  • Bathrooms: 2
  • Living area: 1150 square feet
  • Type: Residential
Source: Public Records

Property Details

Welcome to 242 West Lane, a newly renovated investment gem in the heart of Moncton, New Brunswick. This prime property offers not only a beautiful living space but also an outstanding investment opportunity. Nestled in a vibrant neighborhood, residents enjoy close proximity to shopping centers, hospitals, and essential services. All measurements aprox. and to be verified by buyer. The house boasts a thoughtful design, with three bedrooms upstairs and two bedrooms downstairs. Each unit comes complete with its own laundry room and a separate entrance, providing convenience and privacy for all occupants. The entire property has undergone recent renovations, ensuring a modern and comfortable living experience. Currently fully rented, this property promises an immediate return on investment, making it an ideal choice for savvy investors. The strategic location ensures a steady stream of potential tenants, enhancing the property's income potential. Ample parking space is available, a rare commodity in the area, and a detached garage adds to the convenience. The well-maintained backyard provides a serene retreat, perfect for relaxation or outdoor gatherings. Don't miss out on this turnkey investment opportunity. 242 West Lane is not just a house; it's a smart investment in Moncton's flourishing real estate market. (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Cooling: Air exchanger
  • Heating: Heat Pump, Baseboard heaters
  • Flooring: Laminate, Ceramic Tile
  • Utilities: Cable
  • Directions: From Mountain Rd. take West lane to civic number 242
  • Living Area: 1150
  • Lot Features: Paved driveway
  • Photos Count: 31
  • Water Source: Municipal water
  • Parcel Number: 00746479
  • Bedrooms Total: 5
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Detached Garage
  • Exterior Features: Vinyl siding
  • Foundation Details: Block
  • Lot Size Dimensions: 557 square metres
  • Architectural Style: Bungalow
  • Above Grade Finished Area: 2300
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Bedroom Basement
Laundry room Main level
Family room Main level
Kitchen Main level
4pc Bathroom Main level
Bedroom Main level
Bedroom Main level
Family room Basement
Laundry room Basement
Kitchen Basement
4pc Bathroom Basement
Utility room Basement
Bedroom Basement
Bedroom Main level

Nearby Places

Name Type Address Distance
Moncton Hospital It has specialization in neurosurgery and trauma c... 0.2 km
The Moncton Hospital Hospital 135 Macbeath Ave 0.3 km
Domino's Pizza Restaurant 824 Mountain Rd 0.8 km
Burger King Restaurant 908 Mountain Rd 0.9 km
Jean-Louis Lévesque Arena The Arena has a 60 m x 26 m rink and 1,650 permane... 0.9 km
House Of Lam Restaurant Restaurant 951 Mountain Rd 1.0 km
Papa John's Pizza Restaurant 639 Mountain Rd 1.0 km
Harrison Trimble High School Harrison Trimble High School (HTHS) is a high scho... 1.0 km
Harrison Trimble High School School 80 Echo Dr 1.0 km
Central Moncton Its boundaries include Vaughan Harvey to the West,... 1.1 km
Little Louis' Restaurant 245 Collishaw St 1.2 km
Hynes Restaurant Food 495 Mountain Rd 1.2 km
Similar Houses Stat in Moncton
We have found 6 Houses that closely match the specifications of the property located at 242 West Lane with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 285,000 and 479,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the E1C6V4 postal code area of Moncton New Brunswick Canada.
242 West Lane mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 242 West Lane. The current price of the property is $380,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $304,000. This would result in a monthly mortgage payment of $1,777 over a 25-year amortization period.
Comparison of 242 West Lane, Moncton, NB with Nearby Houses
Nearby Cities Listings Avg. price
Shediac 103 $577.341
Grand Barachois 52 $545.371
Dieppe 141 $614.892
Sackville 51 $305.672
Irishtown 61 $222.274
Riverview 80 $569.802
Summerside 130 $395.930
Stratford 84 $576.684
Popular Cities Listings Avg. price
Ottawa 2431 $905.345
St John S 383 $556.127
Prince Edward County 388 $890.242
Kawartha Lakes 851 $942.836
Clarington 400 $1.272.785
Oshawa 612 $998.094
Whitby 437 $1.316.164
Pickering 386 $1.371.113
57 Winnipeg St, Moncton 16 Humphrey St, Moncton 967 Mountain Rd, Moncton 13 Reade, Moncton 13 West Lane, Moncton 17 Reade, Moncton 33 Humphrey St, Moncton 58 Winnipeg St, Moncton