218 WATER STREET
New Brunswick · E5B1B4
$3,250,000
About this residence
Built more than 140 years ago, the Kennedy Hotel, as it was known then, was Canadas very first summer hotel, attracting guests from Upper Canada and from across the American eastern seaboard. Maison Kennedy House is now a year-round destination hotel; situated on the shores of the Bay of Fundy, in the heart of historic Saint Andrews By-the-Sea. This resort town offers visitors a variety of attractions; satisfying even the most sophisticated guests and international travelers. Maison Kennedy House is a vibrant hotel with 25 guestrooms (some suites, doubles and some offered as extended stay), plus a 2 bedroom apartment, a retail shop, and a recently renovated restaurant and bar (The Shiretown Pub) which enjoys a loyal clientele and is licenced for 98 people inside and with an additional capacity of up to 72 people outside. The wide covered verandah of the Maison Kennedy House allows guests some of the best seats in town from which to enjoy a delicious meal, their favourite beverage, or just watching the excursion and fishing boats coming and going from the harbour. This is a rare opportunity to acquire a thriving, successful property; Maison Kennedy House has earned and maintained stellar business reputation in this attractive seaside town. Note: This sale will be a share sale that will include the business, the land and building, plus all assets related to the business. This sale is subject to HST. Financials will be provided upon signing of an NDA. (id:61366)
Property details
- Property type
- Other
- Ownership
- Freehold
- Bedrooms
- 0
- Living area
- 17,900 sq ft
- Lot size
- 16297
- Year built
- 1881
- Annual tax
- $27,498
- MLS®
- NB119371
- Board
- New Brunswick
- Status
- Inactive
- Listed
- May 29, 2025
- Updated
- Oct 23, 2025
Features & finishes
Heating
- Electric
- Propane
Cooling
- Window air conditioner
Financing
Estimated monthly payment
$15,199/mo
Loan amount
$2,600,000
Down payment
$650,000
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 218 WATER STREET?
218 WATER STREET is listed for $3,250,000, in New Brunswick.
How many bedrooms and bathrooms does 218 WATER STREET have?
It offers 0 bedrooms and — bathrooms.
What type of home is 218 WATER STREET?
218 WATER STREET is a Other, built in 1881.
How large is 218 WATER STREET?
The home offers approximately 17,900 sq ft of living space on a lot measuring 16297.
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 $15,199. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $27,498 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.
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