244-250 St George
New Brunswick · E2A1N9
$160,000
About this residence
INVESTMENT OPPORTUNITY in the heart of Bathurst, completely gutted and now approved for conversion into a FOURPLEX, with NEW ROOF (2024) IKO Dynasty Shingles. This property comes with professionally designed architectural plans by Breakwater Consulting, outlining four 2-bedroom, 1-bathroom units that maximizes layout efficiency and rental income. Whether youre a seasoned investor or developer looking to expand your portfolio, this project delivers serious potential. With generous GOVERNMENT INCENTIVES available through the New Brunswick expansion grant programs, the numbers get even more attractive. Located in a central, high-demand rental area, this property is ready to be transformed into a modern, income-producing fourplex. The structure is sound, the plans are smart, and the upside is clear, all thats left is execution. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Fourplex
- Ownership
- Freehold
- Lot size
- 930
- Annual tax
- $2,509
- MLS®
- NB131767
- Board
- New Brunswick
- Status
- Inactive
- Listed
- Jan 7, 2026
- Updated
- Apr 28, 2026
Features & finishes
Exterior
- Wood
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$748/mo
Loan amount
$128,000
Down payment
$32,000
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 244-250 St George?
244-250 St George is listed for $160,000, in New Brunswick.
What type of home is 244-250 St George?
244-250 St George is a Multi-family, Fourplex.
How large is 244-250 St George?
The home offers a lot measuring 930.
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 $748. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,509 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.
Private viewings
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