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Investment signal

$649,000

1175 Route 425

Save this home

Beds

5

Baths

3

Sqft

Year

2021

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Whitney. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Modern Riverfront Home Serenity, Space & Income Potential on the Miramichi. Tucked down a quiet private lane, this four-year-old modern split-level home offers the ultimate riverfront lifestyle on the majestic Miramichi River. Imagine sipping your morning coffee on the spacious deck or unwinding in the screened-in porch, surrounded by the sounds of nature and breathtaking water viewsthis is serenity at its finest.With direct river access, enjoy boating, kayaking, swimming, and world-class fishing just steps from your door. Whether you're seeking peaceful moments by the water or an active outdoor lifestyle, this property offers it all.Inside, the open-concept main level with vaulted ceilings is ideal for entertaining and is filled with natural light It features a high-end kitchen including a spacious island, three large bedrooms, and a primary suite with a walk-in closet, ensuite bath, and in-suite laundry. The walk-out lower level includes a fully equipped two-bedroom apartmentperfect for your family's use or ideal for rental income, guests, or extended family. Complete with a double garage and wired generator, this home combines comfort, convenience, and the beauty of nature in one exceptional package. Situated on over 3 1/2 acres yet close to all amenities in the city of Miramichi, it is the perfect location. River living starts heredont miss your chance to wake up to water views every day! It's truly what dreams are made of! (id:65958)

Subtype
Single Family
Architectural style
Split entry bungalow
Structure
House
Common interest
Freehold
Living area
2,769 square feet
Lot size
3.73 acres
Lot dimensions
3.73
Bedrooms
3 above grade, 2 below grade
On market
Aug 11, 2025
Status changed
Apr 20, 2026
Annual tax
$5,160.74
Photos
45
MLS#
NB124450
Area
WHITNEY

Features and systems

Parking

Attached GarageGarage

Heating

Heat PumpBaseboard heaters

Cooling

Heat Pump

Exterior

Vinyl

Flooring

Laminate

Foundation

Concrete

Lot

BeachBalcony/Deck/Patio

Waterfront

Waterfront on river
Negative cash flow ~$684/mo at these assumptions

Cash on cash

-6.33%

Cap rate

3.60%

GRM

16.4

Break-even rent

$4,020

Financing

Down payment$129,800
Loan amount$519,200
Mortgage$2,631/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$297
Insurance$80
Maintenance$541
CapEx reserve$270
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,631/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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