Local Real Estate

Become Part of our Growing Market

The cost of living in Fredericton is low compared to other capital cities in Canada. There is a wide range of housing options from new apartment buildings, townhouses, condominiums, executive housing, and newly developed subdivisions.

Real estate is affordable and property taxes are well below the average. In fact, many people are able to afford seasonal properties such as cottages and summer homes thanks to the low cost of real estate.

Property Tax Rates (2008)The City of Fredericton has the lowest property tax rate of all New Brunswick cities.

Non-Residential (Commercial)
*Inside City Rate 1.4176 x 1.5 = 2.13
Provincial Tax Rate 1.50 x 1.5 = 2.25
Provincial Tax Rate (Assess.&Collection) 0.02
SubTotal $4.40

Business Improvement Area 0.20
$4.60
Residential____________Inside____Outside
City Rate.....................$1.4176..........$1.0632
Provincial Rate..............1.5000...........1.5000
Provincial Rate..............0.0200...........0.0200
Sub-Total......................2.9736...........2.5832
Less Prov. Tax Credit.....(1.5000).........(1.5000)

Total Tax Bill.................$1.4376..........$1.0832

Source: City of Fredericton Finance
Notes: *For owner-occupied dwellings

More Local Residential Real Estate

For the most recent residential real estate in the Greater Fredericton region, refer to the following site:

www.Realtor.ca