








1/1042 Winnipeg Street, Moncton, NB E1C7C4
$1.0M total
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
85%
Year Built
2026
Lot Size
0.11 ac
A brand-new fourplex investment opportunity in a convenient central Moncton location. Construction just completed on August 1st! 2 units are already rented, and 2 units still vacant for owner occupier or an investor. Thoughtfully designed with todays tenants in mind, the property comprises three 2-bedroom units and one generously sized 1-bedroom, 2-bathroom unit. Each unit offers approximately 880 sq. ft. of bright, functional living space, for a total building area of 3,524 sq. ft. Located near downtown amenities, transit, shopping, dining, and employment centres, this turnkey multi-unit property presents an excellent opportunity to add a newly constructed, low-maintenance asset to your portfolio. The building features cement-board siding, an asphalt-shingle roof, concrete foundation, vinyl flooring, electric baseboard heating, and municipal sewer service. Civic addresses include 42 Winnipeg Street, 7 Baltic Street, 9 Baltic Street, and 11 Baltic Street, Moncton, NB. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$33K
Annual cash flow
$-25K
Cash-on-cash
-7.96%
DSCR
0.57
Going-in cap
3.15%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
41,579
Households
16,972
Median income
$115,000
Median age
35.6
Daytime population
38,324
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 42 Winnipeg Street, Moncton.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.