$1,410,000
FOR SALE

Multiplex

Lot 26-01 Sheppard Lane
Sackville, NB E4L 2B3

MLI SELECT ELIGIBLE | STRONG CASH FLOW | IMMEDIATE EQUITY | PROPERTY TAX SAVINGS This townhouse development offers a rare opportunity to acquire high-performing rental assets within a proven six-unit building layout. Each building features 2 spacious 3-bedroom units and 4 comfortable 1 bedroom units (end units with private side entrances), creating an ideal mix for affordability and strong rental demand. Situated in the core of Sackville, New Brunswick, this project benefits from a very low vacancy rate driven by the university and strong rental demand. Priced at an average of $235,000 per unit, these properties are designed with investors in mind. With $140,000 in built-in equity and excellent rental income potential, these units generate strong, positive cash flow from day one. The project qualifies for CMHCs MLI Select program (5+ units), offering up to 95% financing and extended amortization periods of 50 years. Each building is designed for strong energy efficiency and includes integrated affordable units to maximize program eligibility. Should qualify for the PBRH rebate (15%). Investors also benefit from a municipal property tax incentive over the first 10 years, starting with approximately 90% savings in year one (only ~10% of taxes payable), then increasing annually, improving early cash flow. Each building is turnkey with modern finishes, appliances, landscaping, paving, and is built for future individual subdivision. Multiple buildings available. (id:47421)
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Listed By EXIT Realty Associates
Data Provided By New Brunswick REALTORS®
MLS® Listing Number NB135662
Last Updated Mar 25, 2026
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Features Balcony/Deck/Patio
Location Description From the Trans-Canada Highway, take the exit into Sackville and proceed onto Main Street. Continue along Main Street through the town centre, then turn right onto Queens Street. Follow Queens Street until you reach Sheppard Street (new street), then turn onto Sheppard Street. The property is located on this street.
Municipal ID 00892497
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Building
Appliances Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer
Constructed Date 2026
Cooling Type Heat Pump
Exterior Finish Vinyl
Flooring Type Ceramic, Vinyl
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard heaters, Heat Pump
Total Finished Area 1480 sqft
Utility Water Municipal water
Land
Total Size 11342 square feet
Access Type Year-round access, Public Road
Landscape Features Landscaped
Sewer Municipal sewage system
Size of Irregular Land 11342

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