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House For Sale in Fredericton, NB

227 Leeds Drive
List Price
$499,900
Veerendranath Nagalla

647-637-7527

Questions? Want to book a showing?

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:

  • Immediate rental income that offsets expenses

  • Mortgage & taxes covered from Day One

  • Flexible setup: owner-occupied or full investment property

  • Turnkey condition – move-in ready

  • 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

Map & Buyer Tools

FSBO ID 296970
Contact Seller
Veerendranath Nagalla
647-637-7527