725 UNIVERSITY DRIVE
New Brunswick · E2A0A9
$1,600,000
About this residence
This well-maintained 12-unit apartment building offers exceptional rental appeal and long-term investment potential. Ideally located next to NB Community College, the property enjoys consistently strong demand and excellent occupancy rates. The building features seven spacious 2-bedroom units and five well-designed 1-bedroom units, providing a balanced mix for a wide range of tenants. A dedicated laundry room equipped with two coin-operated washers and two dryers adds convenience and additional income. Additional highlights include separate electrical meters as well as ample on-site parking. This is a standout opportunity to own a solid, low-maintenance rental property in a desirable location. Contact a REALTOR® today for more details or to book a private showing. (id:61366)
Property details
- Property type
- Multi-family
- Ownership
- Freehold
- Living area
- 6,552 sq ft
- Lot size
- 1980
- Annual tax
- $22,299
- MLS®
- NB130947
- Board
- New Brunswick
- Status
- Active
- Listed
- Dec 3, 2025
- Updated
- Mar 30, 2026
Features & finishes
Flooring
- Laminate
Heating
- Baseboard heaters
- Electric
Basement
- Crawl space
Exterior
- Vinyl
Foundation
- Concrete
- Slab
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$7,483/mo
Loan amount
$1,280,000
Down payment
$320,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
New Brunswick
Nearby
About the area
Census · E2A- 17,408
- Population
- 53
- Median age
- $59,200
- Median income
- $140,000
- Median home value
- 69%
- Home ownership
- 17 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 725 UNIVERSITY DRIVE?
725 UNIVERSITY DRIVE is listed for $1,600,000, in New Brunswick.
What type of home is 725 UNIVERSITY DRIVE?
725 UNIVERSITY DRIVE is a Multi-family.
How large is 725 UNIVERSITY DRIVE?
The home offers approximately 6,552 sq ft of living space on a lot measuring 1980.
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 $7,483. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $22,299 per year.
What is the New Brunswick area like?
New Brunswick has a population of about 17,408, a median age of 53, a 69% home-ownership rate, with an average commute of about 17 minutes.
What is the average home value in New Brunswick?
The median dwelling value in this area is approximately $140,000, based on census data via Neighbourly.
What is the median household income in New Brunswick?
The median household income in this area is approximately $59,200.
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Private viewings
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