198 m
Distance
SIX-BEDROOM PROPERTY WITH INCOME POTENTIAL! An excellent opportunity for first time homebuyers, multi-generational living, or investors looking to maximize rental income and offset housing costs. Offering three bedrooms and one bathroom on each level, this versatile property provides exceptional flexibility. Live comfortably in one unit while generating rental income from the other, accommodate extended family, or explore the potential of having both levels rented. Each level features a separate entrance, separate electrical meter, and dedicated laundry facilities, offering added privacy, independence, and convenience. The upper level features an energy-efficient ductless heat pump and has benefited from numerous recent improvements, including fresh paint, a new refrigerator and dryer, updated light fixtures, replacement window screens and deck door, new kitchen flooring, and a serviced heat pump. The lower level has also seen significant updates, including renovated bathrooms, a new washer and dryer, a new microwave, fresh paint, updated flooring, and a replaced living room ceiling. Additional exterior improvements include refinished walkway steps and a spring house wash. A double-car paved driveway and spacious backyard complete the property, providing plenty of room for parking, outdoor enjoyment, and entertaining. Adding to its investment appeal, the upper unit is currently rented for $2, 200 per month, with the existing lease scheduled to end November 30, 2026. Both units have previously been rented, offering an established rental history. Whether you're looking to reduce your monthly housing expenses, accommodate extended family, or add an income-generating property to your portfolio, this property offers versatility, multiple living arrangements, and the opportunity to build long-term equity. Property taxes are currently assessed at the non-owner-occupied rate.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Fredericton, NB area.
44/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
37/100
Bikable
Bike Score ®
Most 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: 19/100, Transit Score: 0/100, Bike Score: 40/100.
Source: Realty.com
40 Ayres Street, Fredericton, NB E3B 5K7 in Fredericton, NB E3B 5K7 is a single family residence listed at $489,900. Highlights include 6 bedrooms, 2 bathrooms, built in 1975. Realty.ca has 39 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 39 photos of 40 Ayres Street.
Our records indicate that 40 Ayres Street was built in 1975.
The full address for this home is 40 Ayres Street, Fredericton, NB E3B 5K7.
40 Ayres Street has been listed on Realty.com since Thu October 15, 2026
Most 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: 19/100, Transit Score: 0/100, Bike Score: 40/100.
Listing provided courtesy of:
eXp Realty
Listing agent:
Rani Saggere Sharma
This content last refreshed on 2026-11-05 10:45:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.