1032 Cleveland Avenue Riverview, New Brunswick E1B 0K8
$9,800,000
Completed in January 2025, 1032 Cleveland Avenue is a newly constructed 35-unit multi-residential asset located in Riverviews fastest-growing commercial node. This modern apartment building offers strong curb appeal, high-quality construction, and contemporary unit layouts designed to attract a broad tenant profile and support long-term occupancy stability. The property features an excellent parking ratio with 23 underground stalls and 29 surface parking spaces, enhancing tenant convenience and overall asset competitiveness. Units are built to top-tier rental standards with efficient floor plans and bright, modern finishes. Tenants benefit from walkable access to major retailers, restaurants, services, schools, parks, and public transit, along with quick connectivity to Gunningsville Boulevard and Downtown Moncton, making this one of the areas most desirable rental nodes. An added value component includes 0.41 acres of surplus land with conceptual plans for approximately 4,000 square feet of future commercial development, offering long-term expansion potential. Optional opportunity to acquire a separate fully leased commercial building occupied by a national tenant. Turnkey, institutional-quality asset in one of Greater Monctons strongest rental markets with built-in growth drivers. Financials are available after a signed NDA. (id:49203)
Property Details
| MLS® Number | NB134427 |
| Property Type | Multi-family |
Building
| Basement Type | None |
| Constructed Date | 2025 |
| Cooling Type | Air Conditioned |
| Flooring Type | Vinyl |
| Heating Type | Baseboard Heaters |
| Size Interior | 39,410 Ft2 |
| Total Finished Area | 39410 Sqft |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.11 |
| Size Total | 1.11 Ac |
| Size Total Text | 1.11 Ac |
https://www.realtor.ca/real-estate/29436972/1032-cleveland-avenue-riverview
Contact Us
Contact us for more information
Maulen Kalau
Salesperson
Moncton Region Office
Moncton, New Brunswick E3B 2M5
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March 06 2026 03:14:29
New Brunswick Real Estate Board
Exp Realty