3+2
Bedrooms
2
Bathrooms
1,475
Square Feet
520 m2
Lot Size
1 Storey
Built in
1974
$6,565
Annual Taxes
Description
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.
Property Features
Property Type House / Bungalow / Detached House / Home Business Potential / Revenue Property
Ad Type For Sale
Ownership Freehold / Fee Simple
Parking Attached Garage / Covered Parking / Driveway / Indoor Parking / Street Parking
Asking Price $499,900
Location
Address 227 Leeds Drive
Neighbourhood Skyline Acres
City Fredericton
Province / State New Brunswick
Postal / ZIP E3B4S7
Country Canada
Bathroom Types
Bathroom 1 3pc Bathroom
Bathroom 2 3pc Bathroom