Completed in January 2025, 1032 Cleveland Avenue is a newly constructed 35-unit multi-residential asset located in Riverview’s 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 area’s 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 Moncton’s strongest rental markets with built-in growth drivers. Financials are available after a signed NDA.
For sale
C$9,800,000
1032 Cleveland Ave, Riverview, NB E1B 1Y5
--beds
--baths
39,410sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
C$249/sqft
C$-- HOA
What's special
- 252 days
- 19
- 3
Zillow last checked:
Listing updated:
Listed by:
Maulen Kalau, Salesperson 220052634,
Colliers International New Brunswick Brokerage
Source: New Brunswick Real Estate Board,MLS®#: NB134427
Facts & features
Interior
Heating
- Baseboard
Cooling
- Ductless
Features
- Flooring: Vinyl
- Basement: None
Interior area
- Total structure area: 39,410
- Total interior livable area: 39,410 sqft
Property
Parking
- Parking features: ParkingYN, No Garage
Lot
- Size: 1.11 Acres
- Features: 1.0 -2.99 Acres
Details
- Parcel number: 05119862
- Other equipment: Boiler
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Other
- Roof: Asphalt
Condition
- Year built: 2025
Utilities & green energy
- Sewer: Municipal
- Water: Plastic
Community & HOA
Location
- Region: Riverview
Financial & listing details
- Price per square foot: C$249/sqft
- Annual tax amount: C$84,852
- Date on market: 3/6/2026
- Ownership: Freehold
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: E1B
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.



