Property overview
Description
About this property
Rent Covers It All – Mortgage & Taxes Paid from Day One
Welcome to Skyline Acres – a proven neighbourhood where value meets opportunity. This income-generating property is ideal for both first-time homebuyers and savvy investors. From day one, the rental income covers both mortgage and property taxes, creating a truly self-paying property with zero out-of-pocket housing costs.
Upstairs, enjoy hardwood flooring throughout the living room, hallway and three bedrooms. The downstairs unit features a bright two-bedroom, one-bath layout – ideal for generating additional rental income or accommodating multigenerational living. A 1.5-car attached garage and double-paved driveway add everyday convenience.
You’ll love the location – within walking distance to the Liverpool School, public tennis courts, parks with pet-friendly trails and just minutes from universities, shopping and essential amenities.
Key Features:
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Immediate rental income that offsets expenses
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Mortgage & taxes covered from Day One
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Flexible setup: owner-occupied or full investment property
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Turnkey condition – move-in ready
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Located in a high-demand, growth-oriented neighbourhood
This is your chance to own a property that delivers both comfort and cash flow. Whether you’re looking to build wealth, diversify your portfolio, or live in a home that pays for itself, Skyline Acres is the smart move.
The buyer is responsible for independently verifying that the windows meet egress requirements and that the basement apartment complies with all applicable legal regulations.
Overview
Listing details
- Property Type
- House / Bungalow / Detached House / Home Business Potential / Revenue Property
- Ad Type
- For Sale
- FSBO ID
- 296970
- Ownership
- Freehold / Fee Simple
- Parking
- Attached Garage / Covered Parking / Driveway / Indoor Parking / Street Parking
- Asking Price
- $499,900
Area
Location
- Address
- 227 Leeds Drive
- Neighbourhood
- Skyline Acres
- City
- Fredericton
- Province / State
- New Brunswick
- Postal / ZIP
- E3B4S7
- Country
- Canada
Baths
Bathroom types
- Bathroom 1
- 3pc Bathroom
- Bathroom 2
- 3pc Bathroom
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