350 WATER STREET
New Brunswick · E5B2R3
$849,000
About this residence
Located in a very desirable location in St. Andrews is this traditional looking Cape Cod home with an attached double garage and detached workshop on a nicely landscaped large level lot. While appearing to be the traditional cape, the interior is actually three income producing apartments. The main section of the home, a three bedroom apartment, has, on the main floor, kitchen/dining room, living room, mudroom, two bedrooms, laundry and a full bath. Upstairs in the main section is the primary bedroom and another full bath. The loft above the garage, a spectacular one bedroom apartment, has the kitchen/dining room, living room, laundry room, bedroom and full bath. The one bedroom basement apartment has an eat in kitchen, living room, full bath, and a bonus room. The attached double car garage compliments the property beautifully, and is perfect for storage. At the rear of the property is a very well built, nicely sized workshop with a wood stove, as well as a tool shed. The main apartment generates approximately $2500 monthly, while the loft apartment and basement apartment generate $1650 and $1600 per month. This is an excellent opportunity for those looking for a home with income potential. The property is in an excellent location being an easy walk to the public beach at the end of Augustus St, to a spectacular walking/biking trail that surrounds St. Andrews and leads to Katy's Cove, and to the shops and restaurants downtown. Call today to schedule your private viewing. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Triplex
- Ownership
- Freehold
- Living area
- 3,000 sq ft
- Lot size
- 0.39
- Year built
- 2001
- Annual tax
- $8,790
- MLS®
- NB117341
- Board
- New Brunswick
- Status
- Active
- Listed
- Apr 29, 2025
- Updated
- Oct 23, 2025
Features & finishes
Flooring
- Laminate
Heating
- Baseboard heaters
- Heat Pump
- Electric
Cooling
- Heat Pump
Basement
- Full
- Finished
- Walk out
Lot
- Level lot
- Balcony/Deck/Patio
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$3,971/mo
Loan amount
$679,200
Down payment
$169,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
New Brunswick
Nearby
About the area
Census · E5B- 3,331
- Population
- 56
- Median age
- $73,000
- Median income
- $286,000
- Median home value
- 82%
- Home ownership
- 19 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 350 WATER STREET?
350 WATER STREET is listed for $849,000, in New Brunswick.
What type of home is 350 WATER STREET?
350 WATER STREET is a Multi-family, Triplex, built in 2001.
How large is 350 WATER STREET?
The home offers approximately 3,000 sq ft of living space on a lot measuring 0.39.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,971. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $8,790 per year.
What is the New Brunswick area like?
New Brunswick has a population of about 3,331, a median age of 56, a 82% home-ownership rate, with an average commute of about 19 minutes.
What is the average home value in New Brunswick?
The median dwelling value in this area is approximately $286,000, based on census data via Neighbourly.
What is the median household income in New Brunswick?
The median household income in this area is approximately $73,000.
Private viewings
Arrange a private viewing of 350 WATER STREET.
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