404 Main Street, Shediac
Located in the heart of downtown Shediac, 404 Main Street is a well-maintained 11-unit investment property offering a rare combination of charm, character, location, and a strong rental history. The property consists of two separate buildings and presents an excellent opportunity for investors looking to add a solid income-producing property to their portfolio. The front building is a designated heritage property, full of character and charm. It features a secure entrance, inviting lobby, and four residential units, along with a convenient coin-operated laundry facility in the basement. The building is individually metered and includes two water heaters. The unfinished basement also provides additional storage space, offering practical benefits for both the property and its tenants. The second building consists of seven residential units, most of which are equipped with their own in-unit washer and dryer. The remaining two units have access to the laundry facilities located in the main building. Constructed on a slab, this building offers a variety of unit layouts to accommodate different tenant needs. The property has an excellent rental history with predominantly long-term tenants, providing stability and confidence for investors. Utilities are not included in the rents. One of the property's greatest advantages is its prime downtown Shediac location. Tenants are within walking distance of virtually everything they need, including shopping, restaurants, schools, a medical clinic, pharmacy, and other local amenities. Ample on-site parking is also available for tenants, adding to the property's convenience and rental appeal. With 11 units, two separate buildings, strong rental history, excellent tenant location, and the unique character of a designated heritage building, 404 Main Street represents a rare investment opportunity in the heart of Shediac. Call or text today for more information or to arrange a viewing. (id:1945)
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Property details for 404 Main Street, Shediac
- Type
- Multi-family
- Living Area
- 6,400 square feet
- Lot Size
- 2231
- Heating
- Baseboard heaters, Electric
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $13,895
Nearby Listings Stat
Estimated price and comparable properties near 404 Main Street
Active Listings
91
Min Price
$99,000
Max Price
$13,937,000
Avg Price
$666,204
Days on Market
89
days
Sold Listings
24
Min Sold Price
$194,500
Max Sold Price
$939,900
Avg Sold Price
$447,600
Days until Sold
95
days
Neighbourhood Census Data
Shediac, New Brunswick / Nouveau-Brunswick
Population
992
Median Age
57.2
Median Income
$33,344
Dwelling Value
$176,727
Housing Tenure
Owners 69%
Renters 31%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 1,363.9/km²
Avg Shelter Cost: $1,019/mo
Owners with Mortgage: 61.8%
Owners Spending 30%+: 12.7%
Tenants Spending 30%+: 40%
English only: 17.6%
French only: 5.3%
English and French: 77.1%
Median Household Income: $57,139
Median Employment Income: $31,936
Price History
Listed
September 9, 2026
by EXIT Realty Associates
Current Price
$1,525,000
-4.7% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,525,000 | $75,000 (-4.7%) |
| Jun 19, 2026 | $1,600,000 | Listed |
