$1,795,000
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1260 Fairville Boulevard, Saint John, NB E2M5T7

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0 Beds
0 Baths
15,200 Sq Ft

Are you looking for an investment that is passive with a highly lucrative upside? Appraised with 114 units, versus the 94 self storage units built, this investment has an upside valued near $3, 000, 000 at an 8% cap rate. The caveat is lease up. NEST self storage has been built for approximately 15 months and is currently leased at 54% as of the listing. With 90%+ occupancy this can yield a NOI value of $1, 200, 000 more than the asking price. This is an opportunity to get into the self storage business, without the work of finding a great parcel of land & without rezoning, building or dealing with tariffs. This listing has 6.32 acres which also poses an ability to expand the existing 94 storage space business, or rezone some of the surplus land into other commercial, or multi family. The surplus land has a value estimated at $300, 000 on the open market. On a busy street, on the west side near a new development proposing 1000+ units within a 5km radius & the ports expansion & close proximity to the expanding industrial park, this is an opportunity to lease up the remaining units & earn a tidy return in the process. The current mortgage is assumable to the right buyer where a low down payment could make you the owner & then flip it to a bank at 65-75% of its full realized value to offer an INFINITE return. No kitchens to fix, no rent caps, no major expenses on unit turns, this is a low capital operation once you purchase. The opportunity is large & it can be yours now! (id:58753)

  • MLS® NB148003
  • Date Listed09/16/2026
  • Days on Realty 14 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size 275,299 sq. ft
  • Year Built 2024
  • Square Feet 15,200 sq. ft
  • Price Per Sq. Ft $118.09

Interior Features

  • Cooling None

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 275,299.20
  • Lot Features -

Directions

Fairville Blvd to Nest Self Storage

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for E2M5T7

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

Walkability in NB / E2M5T7

Source: Walk Score

22/100

Car-Dependent

Walk Score ®

21/100

Minimal Transit

Transit Score ®

11/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Transit Summary

2 nearby routes: 2 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 20/100, Bike Score: 24/100.

Points of Interest near 1260 Fairville Boulevard, Saint John, NB E2M5T7

Frequently Asked Questions for 1260 Fairville Boulevard

Source: Realty.com

1260 Fairville Boulevard, Saint John, NB E2M5T7 in Saint John, NB E2M5T7 is a other listed at $1,795,000. Highlights include 15,200 sq. ft., built in 2024, $118 per sq. ft.. Realty.ca has 19 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 19 photos of 1260 Fairville Boulevard.

Our records indicate that 1260 Fairville Boulevard was built in 2024.

The full address for this home is 1260 Fairville Boulevard, Saint John, NB E2M5T7.

1260 Fairville Boulevard has been listed on Realty.com since Wed September 16, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 20/100, Bike Score: 24/100.

This content last refreshed on 2026-09-30 15:12:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.