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40 Ayres Street
Fredericton E3B 5K7

$489,900
Single Family beds: 6 baths: 2.0 1,457 sq. ft. built: 1975

Main Photo: 40 Ayres Street in Fredericton: Single Family for sale : MLS®# NB149690
Photo 1: 40 Ayres Street in Fredericton: Single Family for sale : MLS®# NB149690
Photo 2: 40 Ayres Street in Fredericton: Single Family for sale : MLS®# NB149690
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
NB149690
Bedrooms:
6
Bathrooms:
2
Year Built:
1975
Looking for a home that can help offset your housing costs? This versatile six-bedroom property is an excellent opportunity for homeowners and investors alike. Live on one level while generating rental income from the other, or explore its potential as an investment property. The home features three bedrooms and one bathroom on each level, with separate entrances, separate meters, and dedicated laundry facilities for added privacy and convenience. The upper level also features an energy-efficient ductless split heat pump. Recent updates to the upper level include fresh paint, a new dryer and refrigerator, updated light fixtures, replacement of window screens and deck door, new kitchen flooring, and a serviced heat pump. Lower-level improvements include renovated bathrooms, a new washer and dryer, a new microwave, fresh paint, updated flooring, and a replaced living room ceiling. Exterior improvements include refinished walkway steps and a spring house wash. Enjoy a double-car paved driveway and a spacious backyard, ideal for outdoor relaxation and entertaining. Both units were previously rented, and the upstairs unit currently generates $2,200/month, with the lease ending July 31, 2027. Whether you're looking to expand your investment portfolio or reduce your monthly housing costs while building long-term equity, this property offers flexibility and income potential. Property taxes reflect the non-owner-occupied rate. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,457 sq. ft.
Finished Area Above Grade:
900 sq. ft.
Taxes:
$6,751.09 / -
Exterior Features:
Vinyl
Structure Type:
House
Home Style:
Split entry bungalow, 2 Level
Bedrooms:
6
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Bathrooms:
2.0
Half Bathrooms:
0
Cooling:
Heat Pump
Fireplace:
No
Floor finish:
Tile, Hardwood, Ceramic
Foundation:
Concrete
Heating:
Heat Pump, Baseboard heaters, Electric
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
9,009 sq. ft.
Lot Details:
837
Lot Features:
Balcony/Deck/Patio
Floor
Type
Size
Other
Main level
Bedroom
9'8" × 8'9"
-
Main level
Bedroom
10'6" × 9'5"
-
Main level
Primary Bedroom
13' × 11'
-
Main level
Kitchen/Dining room
14'11" × 12'
-
Main level
Living room
16'2" × 11'10"
-
Basement
Bedroom
10'3" × 8'4"
-
Basement
Bedroom
10'3" × 8'4"
-
Basement
Bedroom
12'1" × 8'11"
-
Basement
Kitchen
13'8" × 12'
-
Basement
Living room
13'11" × 10'5"
-
Floor
Ensuite
Pieces
Other
Main level
No
3
7'5" x 9'6"
Basement
No
3
8'7" x 5'7"
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Listed by eXp Realty
Data was last updated October 18, 2026 at 09:15 PM (UTC)
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