Residentiae.
For Sale · New Brunswick

350 WATER STREET

New Brunswick · E5B2R3

$849,000

Bedrooms
Bathrooms
Parking
3,000Sq Ft

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

Mortgage calculator

Estimated monthly payment

$3,971/mo

Amortization

Loan amount

$679,200

Down payment

$169,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

New Brunswick

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

0–14
11%
15–24
8%
25–44
18%
45–64
31%
65+
32%

Tenure

82% owners18% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

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Good to know

Frequently 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.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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