Fredericton’s Hottest Neighbourhoods for Real Estate Investment
If you’re considering investing in Fredericton’s real estate market, you’ll want to know which neighbourhoods are poised for growth. From up-and-coming areas to established neighbourhoods with a proven track record, these are the hottest places for real estate investment in Fredericton right now:
Northside
The Northside neighbourhood is located in the north end of Fredericton and is known for its mix of residential and commercial properties. It’s a popular choice for investors due to its proximity to the University of New Brunswick (just a short drive over the bridge!) and the abundance of rental properties.
One of the major draws of the Northside neighbourhood is its accessibility. It’s located just a few minutes from the Trans-Canada Highway, making it easy for residents to commute to other parts of the city or travel outside of Fredericton. It’s also close to major amenities such as grocery stores, restaurants, and recreational facilities.
The Northside has a mix of older, established homes and newer developments, giving investors a range of options when it comes to property types. It’s also home to a number of apartment buildings, making it a popular choice for renters.
Downtown
The downtown area of Fredericton is a bustling hub of activity, with a mix of commercial, residential, and cultural attractions. It’s a popular choice for real estate investment due to its walkability and access to amenities.
One of the major benefits of investing in the downtown area is the proximity to the city’s business district. The area is home to a number of corporate offices and government buildings, making it a desirable location for professionals. It’s also close to a number of restaurants, coffee shops, and other amenities, making it a great place to live for people of all ages.
The downtown area is also home to a number of cultural attractions, such as the Beaverbrook Art Gallery and the Fredericton Playhouse. These attractions bring visitors to the area, which can be beneficial for investors looking to rent out their properties.
Southwood Park
Located in the south end of Fredericton, Southwood Park is a popular neighbourhood for families due to its proximity to schools, parks, and recreational facilities. It’s also a great choice for investors due to its mix of older homes and newer developments.
One of the major benefits of investing in Southwood Park is the abundance of green space. The neighbourhood is home to several parks, including Southwood Park itself, which offers a range of recreational activities for residents. It’s also close to the Fredericton Dog Park, which is popular with dog owners.
In addition to its amenities, Southwood Park is also known for its sense of community. It’s a great place for families due to its proximity to schools and the fact that many of the residents are long-time homeowners. This can make it a desirable location for investors looking to rent out their properties to families.
Looking to speak to a local expert in Fredericton Real Estate? We love to chat and are here to answer all your questions. Fill out this short form and one of our REALTORS® will be in touch shortly:
Nashwaaksis
Located on the north side of Fredericton, Nashwaaksis is a popular neighbourhood for families and real estate investment due to its proximity to amenities and excellent schools.
One of the major benefits of investing in Nashwaaksis is its proximity to amenities. The neighbourhood is home to a number of shopping centres, including SmartCentres which is home to a range of retailers and services including Walmart, Canadian Tire, and Kent.
In addition to its amenities, Nashwaaksis is also known for its excellent schools. The neighbourhood is home to the highly rated Park Street school, making it a great choice for families with children. It’s also located just a short drive from the University of New Brunswick, making it a popular choice for students and professionals.
Overall, Nashwaaksis is a great choice for investors looking for a neighbourhood with a mix of amenities and a strong sense of community. Its proximity to excellent schools and newer developments make it an attractive option for both families and renters.
Devon
Located on the east side of Fredericton, Devon is a popular neighbourhood for families due to its proximity to excellent schools and recreational facilities. It’s also a great choice for investors due to its mix of older homes and newer developments.
One of the major benefits of investing in Devon is its accessibility. The neighbourhood is located just a few minutes from the Trans-Canada Highway, making it easy for residents to commute to other parts of the city or travel outside of Fredericton. It’s also close to major amenities such as grocery stores, restaurants, and recreational facilities.
In addition to its accessibility, Devon is also known for its sense of community. Many of the residents are long-time homeowners, which can make it a desirable location for investors looking to rent out their properties to families. It’s also home to a number of community events and activities, which can be a draw for renters.
Marysville
Located on the north side of Fredericton, Marysville is a popular neighbourhood for families and investors due to its proximity to amenities and excellent schools. It’s also home to a number of newer developments, which can be attractive to investors.
One of the major benefits of investing in Marysville is its proximity to amenities. It’s close to a number of restaurants, coffee shops (like the newest addition of The Landing!), and other amenities, making it a great place to live for people of all ages.
Marysville is also known for its sense of community. It’s a great place for families due to its proximity to schools and the fact that many of the residents are long-time homeowners. This can make it a desirable location for investors looking to rent out their properties to families.
Fredericton has a range of neighbourhoods that are attractive to real estate investors. From the bustling downtown area to the family-friendly neighbourhoods of Southwood Park and Nashwaaksis, there are plenty of options for investors looking to tap into Fredericton’s real estate market. Consider these neighbourhoods as you research potential investment properties in the city.
At The Right Choice Realty, we’re a team of passionate real estate agents in Fredericton, New Brunswick, with a focus on personalized service and local expertise. We’re here to help you achieve your buying or selling goals, whether you’re looking for a commercial or residential property. Our team is highly familiar with the different neighbourhoods in the area and can offer personalized recommendations you can trust.
We have a Client Care Manager to help with administrative tasks and an in-house photographer to capture high-quality images of properties. Our marketing specialist helps us understand and plan how to best market listings and make informed decisions for buyers, and we use innovative multimedia marketing tools such as Matterport 360 and a drone to showcase properties to their full potential.
If you’re looking to buy or sell a home in Fredericton, don’t go it alone. Call The Right Choice Realty and see how we can help you reach your real estate goals. Contact us today to learn more.
Comments are closed.