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Investment Highlights

  • Below-Market In-Place Rents with clear path to stabilization
  • Low-Density Configuration appeals to downsizers and professionals
  • Efficient Two-Bedroom Layouts well suited to the local renter base
  • Garage Parking enhances tenant appeal and retention

Executive Summary

2 - 12 Meadow Lane is a well-maintained six-suite, condo-style attached townhouse complex with garages, constructed circa 2013 and located in a growing area of Sackville, New Brunswick, a stable, university-driven rental market anchored by Mount Allison University.
The property benefits from strong in-place rental income and consistent tenant demand due to its proximity to downtown Sackville and key amenities. This offering is an opportunity for investors seeking a manageable asset with consistent cash flow characteristics and long-term rental growth potential in one of New Brunswick’s most established small-market multifamily environments.
The building is finished with horizontal vinyl siding, asphalt shingle roofing, and asphalt walkways and driveways. Each suite benefits from a private front entrance, open-concept layouts, two bedrooms, a full bathroom, in-suite laundry, utility/storage space and spacious attached single-car garage, and individual driveway parking. The rear elevation features private wooden rear decks for each unit, providing outdoor amenity space, along with well-maintained green space and landscaped surroundings.
Summarized financial information is available to qualified investors. Measurements are based on the survey plan and include garage areas.

Property Facts

Price $1,975,000 CAD
Price Per Unit $329,167 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class C
Lot Size 0.67 AC
Building Size 7,999 SF
Average Occupancy 100%
No. Stories 1
Year Built 2013
Parking Ratio 3.67/1,000 SF
Zoning Urban Residential 2 (R2)

Amenities

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 40458300

  • Date on Market: 2026-05-08

  • Last Updated:

  • Address: 2 Meadow Ln, Sackville, NB E4L 0C2

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