221-227 Bonaccord Street, Moncton
INVESTMENT OPPORTUNITY. PRIME LOCATION. STRONG INCOME POTENTIAL! Add a solid multi-unit asset to your portfolio with this four-unit residential income property ideally located in the heart of Moncton. Featuring four separate electrical panels and a desirable configuration of spacious two-bedroom apartments, this property offers a turnkey investment opportunity with dependable rental income and long-term growth potential. All four units are currently rented at $1,300 per month, with tenants responsible for their own utilities, providing a stable revenue stream. The separate electrical panels help streamline property management while keeping operating costs in check. Recent improvements add significant value and peace of mind, including a new roof and updated siding completed in 2023. Units 221, 223, and 227 were repainted and updated in 2024, while Unit 225 was repainted and updated in 2026, reflecting ongoing care and maintenance throughout the property. Ideally situated just steps from Dr. Georges-L.-Dumont University Hospital Centre and within walking distance to Downtown Moncton, this sought-after location continues to attract quality tenants. Residents enjoy convenient access to healthcare services, shopping, restaurants, public transit, entertainment, and everyday amenities. Whether youre looking to expand your portfolio, secure a stable income-producing property, or invest in a prime Moncton location, this well-maintained fourplex is an opportunity worth exploring. (id:1945)
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Property details for 221-227 Bonaccord Street, Moncton
- Type
- Multi-family
- Living Area
- 4,144 square feet
- Lot Size
- 465
- Heating
- Baseboard heaters, Electric
- Exterior
- Wood
- Ownership
- Freehold
- Annual Taxes
- $11,347
Nearby Listings Stat
Estimated price and comparable properties near 221-227 Bonaccord Street
Active Listings
249
Min Price
$79,900
Max Price
$3,600,000
Avg Price
$428,718
Days on Market
87
days
Sold Listings
52
Min Sold Price
$550
Max Sold Price
$1,750,000
Avg Sold Price
$387,113
Days until Sold
130
days
Neighbourhood Census Data
Moncton, New Brunswick / Nouveau-Brunswick
Population
454
Median Age
38.1
Median Income
$30,656
Dwelling Value
$264,561
Housing Tenure
Owners 54%
Renters 51%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 4,433.6/km²
Avg Shelter Cost: $1,376/mo
Owners with Mortgage: 77.3%
Owners Spending 30%+: 34.8%
Tenants Spending 30%+: 19%
English only: 35.2%
French only: 5.5%
English and French: 59.3%
Median Household Income: $51,072
Median Employment Income: $27,008
Price History
Listed
June 17, 2026
by REAL Broker
Current Price
$624,900
-2.3% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $624,900 | $15,000 (-2.3%) |
| Jul 29, 2026 | $639,900 | Listed |
