187 Germain Street, Saint John
Located in the heart of Uptown Saint John, 187 Germain Street offers investors the opportunity to own a well-established five-unit apartment building in one of the city's strongest rental markets. Surrounded by restaurants, cafés, the waterfront, entertainment, and major employers, this highly walkable location continues to attract tenants seeking an urban lifestyle with everyday conveniences just steps from their door. The property features five self-contained units, common laundry facilities, off-street parking, and private outdoor space for select units. Unit styles vary throughout the building, offering a mix of updated spaces alongside more traditional layouts, creating broad appeal for a diverse tenant base and supporting long-term occupancy. Large windows, generous room sizes, and unique architectural elements help set the property apart from typical apartment offerings, while the location remains a key driver of tenant demand. Residents enjoy the ability to walk to work, local events, restaurants, and the waterfront, making this a lifestyle-focused rental property in one of Saint John's most desirable neighbourhoods. With stable rental income, desirable tenant amenities, and a proven Uptown location, 187 Germain Street represents an excellent opportunity for investors looking to add a quality multi-family asset to their portfolio. (id:1945)
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Property details for 187 Germain Street, Saint John
- Type
- Multi-family
- Living Area
- 3,980 square feet
- Lot Size
- 6189
- Basement
- Partially finished, Full, Walk out
- Heating
- Natural gas
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $7,561
Nearby Listings Stat
Estimated price and comparable properties near 187 Germain Street
Active Listings
112
Min Price
$4,400
Max Price
$1,739,900
Avg Price
$396,884
Days on Market
114
days
Sold Listings
42
Min Sold Price
$69,900
Max Sold Price
$1,800,000
Avg Sold Price
$473,862
Days until Sold
69
days
Neighbourhood Census Data
Saint John, New Brunswick / Nouveau-Brunswick
Population
723
Median Age
35.6
Median Income
$26,336
Dwelling Value
$259,853
Housing Tenure
Renters 93%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.5
Pop. Density: 7,749.2/km²
Avg Shelter Cost: $1,015/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 33.3%
English only: 80%
English and French: 19.3%
Neither: 0.7%
Median Household Income: $33,707
Median Employment Income: $29,024
Price History
Listed
June 16, 2026
by REAL Broker
Current Price
$770,000
Type
Multi-family
For Sale