Welcome to 435 Pederson Crescent - a 7 bedroom two-unit home tucked away on a quiet street on “The Hill,” one of Fredericton’s most sought-after neighbourhoods. This two-unit property is ideal for any investor who never wants to worry about finding tenants (location, location, location!), multi-generational living, or anyone looking to offset their mortgage with rental income from the basement apartment. The upper level features 3 bedrooms, 1 bathroom, and a bright living room with vaulted ceilings and French doors leading to the deck and a partially fenced backyard. Downstairs offers a separate entrance to the 4 bedroom apartment with tall ceilings, a full bath, kitchen, dining/living room and separate laundry and living area with tall ceilings and great natural light. Both units have been freshly painted. Major updates include windows (3 years) and roof (5 years), giving peace of mind for years to come. Currently vacant but was previously rented at $2,400 up and $2,400 down (with no increase in 3 years), this is a rare opportunity in a prime location near both universities and the hospital. Not to mention, each unit has its own driveway, and all items present are included in the sale. Property taxes reflect non-owner-occupied. Quick closing available!
For sale
C$559,900
435 Pederson Cres, Fredericton, NB E3B 2Z1
--beds
--baths
2,287sqft
Duplex
Built in 1962
-- sqft lot
$-- Zestimate®
C$245/sqft
C$-- HOA
What's special
Quiet streetPartially fenced backyardTall ceilingsSeparate laundryGreat natural light
- 11 days
- on Zillow |
- 26 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 08:23am
Listed by:
Bradley Macdonald, Salesperson 169627,
eXp Realty Brokerage
Source: New Brunswick Real Estate Board,MLS®#: NB122560
Originating MLS®#: Fredericton

Travel times
Facts & features
Interior
Heating
- Hot Water, Oil
Appliances
- Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Flooring: Ceramic Tile
- Basement: Concrete,Finished
Interior area
- Total structure area: 2,287
- Total interior livable area: 2,287 sqft
Property
Parking
- Parking features: Separate Driveways, One Has A Carport, Asphalt, Mutual, No Garage
- Has uncovered spaces: Yes
- Details: Garage Size(Carport)
Features
- Fencing: Partial
Lot
- Size: 780 Square Feet
- Features: Under 0.5 Acres
Details
- Parcel number: 01452275
- Other equipment: No Rental Equipment
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Municipal
- Water: Municipal
Community & HOA
Location
- Region: Fredericton
Financial & listing details
- Price per square foot: C$245/sqft
- Annual tax amount: C$7,264
- Date on market: 7/9/2025
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