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40 Ward Street, Moncton, New Brunswick, E1A 3J9

MLS® # NB106159
Investment For Sale In Moncton, New Brunswick
$1,300,000
40 Ward Street, Moncton, NB - Outdoor
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40 Ward Street, Moncton, New Brunswick, E1A 3J9
$1,300,000

Property Information:

**9-Unit Apartment Building in Prime Central Location Freshly Renovated and Ready to Go!** This exceptional 9-unit apartment building offers a fantastic investment opportunity in a central location, close to all amenities. Situated within walking distance of schools, shopping centers, including the new Costco, and public transit, this property is perfectly positioned for convenience and accessibility. **Property Highlights:** - **Unit Mix**: The building features 8 spacious two-bedroom apartments and 1 bachelor unit, catering to various tenant needs. - **Fully Renovated**: All units have been turned over and newly renovated, offering modern finishes and an attractive living environment. - **On-Site Laundry**: The property includes a convenient on-site laundry facility for tenants, adding value and convenience. - **Ample Parking**: Plenty of parking spaces are available for residents, a sought-after feature in this central location. - **Proximity to Schools**: Located near several schools, this property is ideal for families and working professionals alike. With its excellent location, fresh renovations, and strong rental potential, this property represents a prime opportunity for investors seeking solid returns. Don't miss your chance to own this centrally located, fully upgraded building! (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick
  • Total Finished Area: 7452 sqft
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Lot Size: 1149.45 Square Metres
  • Sewer: Municipal sewage system

Courtesy of: Keller Williams Capital Realty

REALTOR.ca  

Location of 40 Ward Street, Moncton, New Brunswick, E1A 3J9

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

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 40 Ward Street , experiences 7 hot days per year at around 29.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 32.5 degrees Celsius.

Projected Avg. Temperature

Past
29.3℃
2050
32.5℃

# Hot Days Per Year

Past
7
2050
31

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

74/100

Moderate-High

ClimateCheck®

Current data

This property, 40 Ward Street , experiences 11 significant 2-day storms per year, with about 381.8mm 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 494.2mm of precipitation per year.

Precipitation Per Storm

Past
381.8mm
2050
494.2mm

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.

Demographic Information of 40 Ward Street, Moncton, New Brunswick, E1A 3J9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$70,260.07

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.4 %

High school certificate or equivalent

32.65 %

Apprenticeship trade certificate/diploma

4.92 %

College/non-university certificate

23.32 %

University certificate (below bachelor)

1.38 %

University Degree

19.33 %

Commuter

Travel To Work

By Car

79.22 %

By Public Transit

9.32 %

By Walking

6.15 %

By Bicycle

0.21 %

By Other Methods

5.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.9 %

Houses

32.1 %

Own Vs. Rent