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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

    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.
    138 days
    |
    34
    |
    1
    |

    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
      Maulen Kalau, Salesperson

      Maulen Kalau, Salesperson

      (506) 229-9866

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        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: E1B

        Getting around

        64 / 100
        Somewhat Walkable
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.