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721 George Street, Fredericton, New Brunswick, E3B 1K6

MLS® # NB107225
Investment For Sale In Platt, Fredericton, New Brunswick
$799,900
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With Body Of Water With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor With View
721 George Street, Fredericton, NB - Outdoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $799,900 property in Fredericton
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Home Insurance - TD Insurance

Get a home insurance quote online for this $799,900 property in Fredericton

Provided by TD Insurance
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ACTIVE
721 George Street, Fredericton, New Brunswick, E3B 1K6
$799,900

Property Information:

Located in the heart of Fredericton's vibrant downtown, this well-maintained 5-unit building, owned by the same family for over 60 years, is now available for the discerning investor. The property features 2 spacious three-bedroom units and 3 two-bedroom units, each with separate power meters, offering excellent rental potential. Upgrades include electrical panels and a natural gas boiler system, which ensure efficient heating. The building's exterior has been freshly painted, reflecting the care and attention it has received over the years. Additional amenities include 4 dedicated parking spaces and a coin-operated laundry facility, making it convenient for tenants. Its prime location is just a short walk to the Fredericton Farmers Market, downtown shops, scenic trails, parks, and more, making it a walker and cyclists paradise. With easy access to all that downtown Fredericton has to offer, this property presents a fantastic opportunity to expand your real estate portfolio. Don't miss out on this rare investment opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Wood
  • Foundation Type: Stone
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Total Finished Area: 4500 sqft
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Appliances: Refrigerator, Stove, Washer, Dryer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Features: Level lot, Corner Site
  • Landscape Features: Landscaped
  • Lot Size: 446.00 Square Metres
  • Zoning: TP-3
  • Sewer: Municipal sewage system

Courtesy of: Keller Williams Capital Realty

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Market Price Trends

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Location of 721 George Street, Fredericton, New Brunswick, E3B 1K6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 721 George Street , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.5℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

72/100

Moderate-High

ClimateCheck®

Current data

This property, 721 George Street , experiences 11 significant 2-day storms per year, with about 380.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 499.3mm of precipitation per year.

Precipitation Per Storm

Past
380.9mm
2050
499.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 721 George Street, Fredericton, New Brunswick, E3B 1K6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$121,710.93

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.94 %

High school certificate or equivalent

25.86 %

Apprenticeship trade certificate/diploma

3.22 %

College/non-university certificate

15.02 %

University certificate (below bachelor)

0.39 %

University Degree

49.58 %

Commuter

Travel To Work

By Car

64.24 %

By Public Transit

5.15 %

By Walking

25.38 %

By Bicycle

2.3 %

By Other Methods

2.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.19 %

Houses

22.81 %

Own Vs. Rent

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