191-197 Université Avenue Moncton, NB E1C 5K4
Listing Courtesy of: NEW BRUNSWICK REAL ESTATE BOARD / Listed By: Royal Lepage Atlantic

  191-197 Université Avenue Moncton, NB E1C 5K4

Active (140 Days)
$1,154,646 (USD)

Description

This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy.

MLS®:
NB135722
Taxes
$23,286(2026)
Lot Size
0.32 acres
Type
Multifamily
County
Moncton

Listed By

Marc Richard, Royal Lepage Atlantic
Source
NEW BRUNSWICK REAL ESTATE BOARD
Last checked Aug 28 2026 at 8:15 PM EDT
Bathroom Details
Interior Features
  • Laundry Facilities
Property Features
  • Level
  • Landscaped
Heating and Cooling
  • Baseboard
  • Electric
  • Heat Pump - Ductless
Flooring
  • Laminate
  • Ceramic
  • Hardwood
Exterior Features
  • Other
  • Brick / Alumn / Vinyl
  • Roof: Asphalt Shingle
Parking
  • 12 Spots Parking Lot
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Disclaimer: Copyright 2026 The New Brunswick Real Estate Board, All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 13:15