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6 Magee Avenue
homes for sale · Moncton
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$385,000

6 Magee Avenue

Moncton · MLS® NB143851

52

1,600 sq ft · 780 m² lot · House · Single Family · 101 days on market

listed by Nishit Kevadiya, eXp Realty

realtor's description

Welcome to 6 Magee Avenue, Monctonan exceptional income-generating property located in the desirable Sunny Brae neighbourhood. Whether you're an investor looking to expand your portfolio or a homeowner seeking a mortgage helper, this versatile property offers outstanding value and excellent rental potential. The main level is currently rented for $1,800/month and features three spacious bedrooms, a bright living room, a functional kitchen with classic cabinetry, a 4-piece bathroom, and mini-split heat pumps for efficient year-round comfort. The lower level offers a self-contained two-bedroom unit complete with a spacious kitchen, comfortable living room, full bathroom, dedicated laundry area with washer and dryer, and insulated walls. The basement unit is leased for $1,300/month, providing immediate rental income and making this property an even more attractive investment opportunity. Outside, you'll find a large paved driveway, a storage shed, and an expansive adjoining side yard with excellent potential for a detached garage, additional parking, or future development (subject to approvals). Offering strong cash flow, flexible living arrangements, and room to add value, this is a fantastic investment opportunity in one of Moncton's most convenient and established neighbourhoods.

property details

type
House, Single Family
bedrooms
5
bathrooms
2
living area
1,600 sq ft
lot
780 m²
parking
0
property tax
$3,847 / yr
days on market
101
MLS®
NB143851

features

  • Balcony/Deck/Patio

monthly cost

$1,998/mo
Mortgage $1,677 · Tax $321

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$1,677/ monthly
loan $308,000
25-year amortization
total interest
$195,222
cash to close
$77,000
down payment; transfer tax and fees not included
total paid
$503,222

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

MonctonGoogle Maps ↗

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listed by
Nishit Kevadiya
eXp Realty
call Nishit · 506-866-6089
Powered by: REALTOR.ca

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location

MonctonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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