105 Victoria Street, Saint John
INVESTMENT OPPORTUNITY with strong existing income and significant value-add potential! 105 Victoria Street is an income-producing triplex offering a return approaching a 10% cap rate based on current operating figures. All three units are occupied by long-term tenants on month-to-month rental agreements, providing established rental income from day one. Currently configured as two 2-bedroom units and one 1-bedroom unit, the property offers an exciting opportunity for investors to explore conversion to as many as 5 units through renovations and required municipal approvals. Unlock additional rental potential and further maximize the building's long-term performance. Operating costs have been well managed. Heating costs were less than approximately $5,000 last year, municipal water is metered, tenants pay their own electricity, and there is no rental equipment. Two units also have their own laundry. The building features a tar-and-gravel flat roof. Conveniently located on a bus route and close to an elementary school, Shamrock Park, grocery stores, restaurants and everyday amenities. Two off-street parking spaces are available, along with additional street parking nearby. Whether you're looking for established rental income today or a value-add opportunity for tomorrow, call your REALTOR® today to unlock the potential of this real estate investment! Please note: Showing requests require advance notice, as 2448 hours' notice must be provided to all tenants. (id:1945)
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Property details for 105 Victoria Street, Saint John
- Type
- Multi-family
- Living Area
- 2,080 square feet
- Lot Size
- 2658
- Basement
- Full
- Heating
- Oil
- Exterior
- Vinyl
- Ownership
- Freehold
- Annual Taxes
- $1,437
Nearby Listings Stat
Estimated price and comparable properties near 105 Victoria Street
Active Listings
128
Min Price
$21,900
Max Price
$1,800,000
Avg Price
$411,672
Days on Market
114
days
Sold Listings
51
Min Sold Price
$59,900
Max Sold Price
$829,000
Avg Sold Price
$336,343
Days until Sold
93
days
Neighbourhood Census Data
Saint John, New Brunswick / Nouveau-Brunswick
Population
271
Median Age
33.6
Median Income
$18,336
Housing Tenure
Owners 9%
Renters 91%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 5,766.0/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 40%
English only: 81.8%
French only: 3.6%
English and French: 9.1%
Neither: 7.3%
Median Household Income: $26,411
Median Employment Income: $17,600
Price History
Listed
September 21, 2026
by EXIT Realty Specialists
Current Price
$229,900
Type
Multi-family
For Sale