$1,600,000
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191 197 Université Avenue, Moncton, NB E1C 5K4

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This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Universit includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Universit is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Universit avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Universit corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy.

Listing By: Marc Richard - Royal LePage Atlantic cnnbrea Realty.com
  • MLS® NB135722
  • Date Listed04/10/2026
  • Days on Realty 56 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size 13,875 sq. ft
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Westmorland
  • Water Public

Interior Features

  • Flooring Ceramic, Hardwood , Laminate
  • Heating Baseboard, Electric, Heat Pump - Ductless

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres -
  • Lot Size SQFT 13,874.68
  • Lot Features Landscaped, Level

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for E1C 5K4

Discover key demographics, population statistics, and environmental insights for the Moncton, NB area.

Walkability in NB / E1C 5K4

Source: Walk Score

63/100

Somewhat Walkable

Walk Score ®

40/100

Some Transit

Transit Score ®

66/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

13 nearby routes: 13 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 18/100, Bike Score: 46/100.

Points of Interest near 191 197 Université Avenue, Moncton, NB E1C 5K4

Frequently Asked Questions for 191 197 Université Avenue

Source: Realty.com

191 197 Université Avenue, Moncton, NB E1C 5K4 in Moncton, NB E1C 5K4 is a multi family listed at $1,600,000. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 191 197 Université Avenue.

The full address for this home is 191 197 Université Avenue, Moncton, NB E1C 5K4.

191 197 Université Avenue has been listed on Realty.com since Fri April 10, 2026

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 18/100, Bike Score: 46/100.

Listing provided courtesy of: Royal LePage Atlantic (tel: (506) 857-2100)
Listing agent: Marc Richard (tel: (506) 850-7355)

This content last refreshed on 2026-06-05 20:59:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.