Fredericton, New Brunswick
Fredericton's roll is a government town's balance sheet read in public: $12.74 billion across 23,601 accounts in 2026, up 50 per cent in five years, with a hospital at the top and the province's office buildings, two universities and a shopping mall behind it — all of it published free in a monthly bulk file whose licence permits commercial reuse, and none of it carrying an owner's name, which costs $17.50 plus HST a parcel. The city is also the headquarters of Plaza Retail REIT, which owns 189 retail properties and 8.8 million square feet, while the biggest office building on King Street is held by a REIT now wholly owned by a Halifax company.
9 buildings · 4 with an owner established · 16 sources · 1 tier B · 8 tier A · prepared 2026-10-03
New Brunswick is the most open regime in the Maritimes on what a property is worth and what it sold for, and the most frankly priced on who owns it. Service New Brunswick's Property Assessment Online needs no account and returns a property's location, taxing authority, description, assessment history, tax levy and its recorded sales — date and amount, the amount being, in the service's own words, 'the sale price documented at the time of registration', with $1 transfers excluded — and GeoNB republishes the same material province-wide as a monthly bulk download of tab-separated files whose catalogue entry reads 'Restriction on use: Unrestricted. License: Open Government Licence'. Neither carries an owner's name. For the owner you go to the land registry, and it is priced per look: Real Property Online, which the service's own opening screen describes as providing 'fee-based, real property information to the public in real-time, including property owner information', charges $17.50 per report package plus HST, with documents and plans at $1.00 each. The professional channel, PLANET, is open only to subscribing lawyers, surveyors and financial institutions, and since 1 March 2026 charges $1 per query for textual parcel information and property maps with a $10 monthly minimum, or $65 a month flat for unlimited transactions.
- paol-efel.snb.ca — “Available assessment information posted on this web page, including assessed values, may change from time to time due to appeal decisions and/or other corrections. This data is intended for private, non-commercial use by individuals.”
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Regent Mall 1371–1381 Regent Street, Fredericton (owner's fact sheet gives 1381 Regent Street) approximate GLA 504,987 sq ft, 100 stores, 2,705 parking stalls |
Retail | Primaris REIT Continuing ownership in 2026 rests on the February 2023 fact sheet plus a trade headline reporting that Primaris had consolidated full ownership, which was behind a paywall and so is not relied on; hence tier B. |
REIT | CAD $189,800,000 2012-11-30 the price registered against this account in New Brunswick's open sales file; the same price and date appear against the adjoining 1371–1399 Regent St Walmart account, so it is the consideration for a group of parcels rather than the mall alone. The same date carries a $127,800,000 registration against the Westmorland Road shopping centre in Saint John B |
| King's Place 440 King Street, Fredericton 298,454 sq ft |
Mixed use | Ravelin Properties REIT (wholly owned by Clarke Inc., TSX: CKI) The largest office building in the city, listed on Ravelin's own property register at 440 King Street with 298,454 square feet. The provincial roll describes 440 King St as 'OFFICE COMPLEX & LAND', assesses it at $27,048,800 for 2026 and levies $1,141,426.40. Ravelin was Slate Office REIT until 31 December 2024; Clarke Inc. of Halifax completed its acquisition of 100 per cent of the REIT's units on 29 May 2026, after which the units were delisted from the TSX. The same vehicle holds the largest office building in Halifax, Saint John and Moncton as well. |
Public company | CAD $33,242,242 2015-07-02 the price registered against this single parcel in New Brunswick's open sales file. The same date carries a $62,242,978 registration against the Blue Cross Centre in Moncton, which is consistent with a portfolio transaction; the file names no parties A |
| Place 2000 250 King Street, Fredericton 80,164 sq ft |
Office | Ravelin Properties REIT (wholly owned by Clarke Inc., TSX: CKI) Ravelin's second King Street holding, from its own property register. The provincial roll carries 250 King St as 'BUILDING & LOT', assessed at $10,783,300 for 2026 with a levy of $455,043.20. |
Public company | —A |
| 460 Two Nations Crossing 460 Two Nations Crossing, Fredericton 50,229 sq ft |
Office | Ravelin Properties REIT (wholly owned by Clarke Inc., TSX: CKI) Ravelin's third Fredericton property, from its own register; the roll carries it as 'BLDG & LOT 07-80', assessed at $8,786,000 for 2026 with a levy of $353,514.31. |
Public company | —A |
| Chancery Place 675 King Street, Fredericton |
Office | Not established a paid title search would answer it One of the provincial capital's principal office buildings, named on the roll — '675 KING ST — CHANCERY PLACE' — and assessed at $37,982,600 for 2026 with a levy of $906,199.10, so it is a taxable account rather than one carrying a nil levy. It changed hands for $39,246,006 in December 2012, the largest single-parcel price ever registered in the city. The roll names no owner and the register was not paid for, so the holder is blank; the non-zero levy is recorded because it is the roll's own figure, not as an inference about who holds it. |
Not established | CAD $39,246,006 2012-12-20 the price registered against this single parcel in New Brunswick's open sales file; the file names no parties A |
| Marysville Place 2 Bridge Street, Fredericton |
Office | Not established a paid title search would answer it The former Marysville cotton mill, carried on the roll by name — '2 BRIDGE ST — MARYSVILLE PLACE' — assessed at $30,490,700 for 2026 with a levy of $663,949.67. No qualifying sale appears against the account in the open file and no owner name exists in any open record. |
Not established | —A |
| Dr Everett Chalmers Regional Hospital complex 680 / 700 Priestman Street, Fredericton |
Institutional | Not established a paid title search would answer it The highest assessed account in the city at $197,356,900, described on the roll as 'HOSPITAL & VETS & REHAB'. A second Priestman Street account ('ESA BLDGS,FIELDS', 715 Priestman St) is assessed at $63,939,800. The roll names no owner; the operating authority was not established from any document opened, so none is entered. |
Not established | —A |
| Fredericton Convention Centre 670 Queen Street, Fredericton |
Civic | Not established a paid title search would answer it Carried on the roll as 'CONVENTION CENTER & LOT' at 670 Queen St, assessed at $27,338,600 for 2026 with a levy of $556,780.01 — a taxable account, unlike the Grant-Harvey Centre at 600 Knowledge Park Dr, assessed at $28,411,600 with a nil levy, which is what the roll shows for publicly owned property. Neither account names an owner and neither is attributed here. |
Not established | —A |
| 77 Westmorland Street office tower 77 Westmorland Street, Fredericton |
Office | Not established a paid title search would answer it The city's most recent large transaction, and a clean statement of what the New Brunswick regime gives: the roll describes 77 Westmorland St as 'OFFICE TOWER & LOT', assesses it at $11,439,500 for 2026, and records a sale at $17,783,599 on 4 September 2026 — 55 per cent above assessment. The buyer is not in any open record and costs $17.50 plus HST to look up. |
Not established | CAD $17,783,599 2026-09-04 registered against this single parcel in New Brunswick's open sales file one month before this record was prepared; the file names no parties A |
The core land
The most valuable ground in the city, and what the public record says about it.
Computed on 3 October 2026 from GeoNB's 'Property assessment data' bulk download (source date 2026-10-01) under the GeoNB Open Data Licence, which permits commercial reuse and expressly exempts Personal Information — which is why it holds no owner names. 'TA 170 — Fredericton' is the province's own taxing-authority code. Descriptions are quoted verbatim from the roll.
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Fredericton has roughly tripled its housebuilding and switched almost entirely to apartments. A senior city planner told CBC that about 300 new units a year were built until a few years ago and that this has more than doubled since 2022, that the city issued permits for 324 new units in the first four months of the year and is 'on pace for 1,000 new units this year', and that 80 to 90 per cent of units built in the past five years have been multi-unit rather than single-detached: 'just from a supply perspective to keep up with that demand, it's going to be driven by multi-residential.' The city's 2017 growth strategy projected 1,200 new residents a year to 2041; it grew by more than 3,000 in the most recent year. There is no builder league table for New Brunswick and no open per-city starts series — Statistics Canada's CMHC cubes 34-10-0143 and 34-10-0126 were queried directly and neither carries a New Brunswick city — so per-company figures come from one REIT's disclosure and from registered sale prices.
| Name | Type | Units owned or sold |
|---|---|---|
| Killam Apartment REIT Killam's Q2-2026 MD&A, as at 30 June 2026: 1,643 units in 26 properties, $9,617 thousand of net operating income, 7.4 per cent of the trust. Average two-bedroom rent $1,457 and occupancy 98.2 per cent, down 30 basis points year on year. Across New Brunswick Killam holds 4,787 units in 77 properties — more properties than in Halifax, on fewer units. |
REIT | 1,643 apartment units across 26 properties in FrederictonA |
| Owner of 151 Queen Street The largest residential price registered in the city: $47,800,820 on 12 April 2023 against a parcel described on the roll as 'APARTMENT BLDG & LOT' and assessed at $13,529,500 for 2026. The price appears against this parcel and others in the same registration, so it may be the consideration for a group; the file carries no parcel count and no party names, so neither the buyer nor the exact scope is established. |
Private company | apartment building, $47,800,820 (April 2023)A |
| Owner of 25 Patience Lane Described on the roll as 'LIVING APTS.&SENIOR COM' and assessed at $38,657,300 for 2026 — the largest residential account in the city. No qualifying sale appears against it and no owner name exists in any open record. |
Private company | assessed $38,657,300A |
| Owner of 51, 71 and 91 Angelview Court Roll description '3-25 UNIT APT BLDGS &LOT', assessed $7,972,100; a single-parcel sale at $11,250,000 registered 16 December 2025. No party named in the open record. |
Private company | three 25-unit apartment buildings, $11,250,000 (December 2025)A |
| Owner of 7–15 Manhattan Drive and 49–55 Forest Hill Road Two multi-building apartment accounts — 'APARTMENT BLDGS' at 7-15 Manhattan Dr and 'TWO APARTMENT BUILDINGS' at 49-55 Forest Hill Rd — each assessed around $30.5 million for 2026, together more than the city's convention centre and King's Place combined. Neither carries an owner in any open record. |
Private company | assessed $30,767,200 and $30,491,100A |
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Fredericton punches above its weight because a national retail REIT is headquartered here: Plaza Retail REIT holds 189 properties and roughly 8.8 million square feet across the country from an office on Main Street. Locally the pattern is the same as the rest of the region — the enclosed mall is held by a Toronto REIT, the office stock on King Street by a REIT owned by a Halifax public company, and the grocery-anchored plazas by a Nova Scotia REIT — while the provincially occupied buildings carry taxable levies and no public owner.
| Name | Type | Floor area |
|---|---|---|
| Plaza Retail REIT Plaza's Q2-2026 financial report, at 30 June 2026: 'Headquartered in Fredericton, New Brunswick, Plaza is an unincorporated, open-ended real estate investment trust', with interests in 189 properties totalling approximately 8.8 million square feet 'predominantly occupied by national tenants', plus land held for development. New Brunswick is its largest province at 44 properties and 1,967,840 sq ft; Nova Scotia is 27 properties and 1,219,981 sq ft. The report states the trust 'is fully internalized and able to develop, redevelop, lease, manage and finance retail properties in-house' and gives its registered office on Main Street, Fredericton. |
REIT | 189 properties and approximately 8.8M sq ft nationally; 44 New Brunswick properties and 1,967,840 sq ftA |
| Ravelin Properties REIT (Clarke Inc.) King's Place at 440 King Street (298,454 sq ft), Place 2000 at 250 King Street (80,164 sq ft) and 460 Two Nations Crossing (50,229 sq ft), all from Ravelin's own property register. The REIT held interests in 45 properties and 6.5 million sq ft at 31 December 2025; Clarke Inc. of Halifax took 100 per cent of its units on 29 May 2026. |
Public company | 428,847 sq ft across three Fredericton buildingsA |
| Primaris REIT From Primaris's own February 2023 fact sheet for the property. The provincial roll assesses the Regent Mall account at $99,159,400 with a 2026 levy of $3,886,828.70 — the largest commercial tax bill in the city. |
REIT | 504,987 sq ft (Regent Mall)B |
| Crombie REIT Brookside Mall Sobeys at 463 Brookside Drive and Uptown Centre at 1150 Prospect Street, both from Crombie's own property register. No floor areas are published for either. Crombie is headquartered in New Glasgow, Nova Scotia. Separately the roll carries a 'SHOPPING MALL & LOT' account at 1040-1206 Prospect St assessed at $27,008,900 and a 'LAND & POWER CENTRE' account at 5 Trinity Ave assessed at $44,704,200, neither of which names an owner. |
REIT | 2 Fredericton propertiesA |
| Owner of the Trinity Avenue power centre '5 TRINITY AVE — LAND & POWER CENTRE', the largest privately taxable retail account in the city after Regent Mall. No owner appears in any open record; marked private only to record that nothing listed or public was found. |
Private company | assessed $44,704,200A |
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- The owner of Chancery Place, 675 King Street — the provincial capital's principal office building, assessed at $37,982,600, carrying a taxable levy of $906,199.10 and sold for $39,246,006 in December 2012. The open roll names no owner.
- The owner of Marysville Place, 2 Bridge Street ($30,490,700 assessed).
- The owner of 5 Trinity Avenue, the city's largest privately taxable retail account after Regent Mall ($44,704,200 assessed).
- The buyer of 77 Westmorland Street for $17,783,599 on 4 September 2026, and of 499 Cliffe Street ('SCHOOL & LAND') for $38,100,000 on 30 August 2024.
- Whether Primaris REIT still owns Regent Mall. Its own fact sheet for the property is dated February 2023 and names Primaris staff as the leasing and management contacts; the trade report that Primaris had consolidated full ownership was paywalled and is not relied on, so the entry is tier B.
- The operating authority and owner of the Dr Everett Chalmers Regional Hospital complex ($197,356,900 assessed).
- The owners of the city's largest apartment accounts — 25 Patience Lane ($38,657,300), 7-15 Manhattan Drive ($30,767,200) and 49-55 Forest Hill Road ($30,491,100) — and the buyer of 151 Queen Street for $47,800,820 in April 2023.
- The scope of the $81,807,100 registration of 14 January 2026 and the $42,680,800 registration of 14 December 2022, which each appear against a long list of convenience-store, service-station and vacant parcels in Fredericton and in other New Brunswick cities. The Sales file carries no parcel count, so these are portfolio prices and are not attributed to any property.
- The document registration fee for New Brunswick's land registry: the Services and Fees pages are JavaScript-rendered and returned no fee table.
- Named Fredericton homebuilders with unit counts. No league table exists and no builder's own site opened for this record stated a volume.
- Any link between a property holding and elected office in Fredericton. Nothing was established and the record carries none.
Sources
- Land Registry — Real Property Online for one-time access; PLANET Access for subscribers — Service New Brunswick · openA
- SNB Real Property Online — service description and cart fee schedule — Service New Brunswick · openA
- Notice of Fee Change — PLANET Subscription Charging model, effective March 1, 2026 — Service New Brunswick, Director, Land Registry · openA
- NB Property Assessment — Search Property Assessments and Sale Prices (PAOL) — Service New Brunswick · openA
- Property Assessment Online — usage agreement and field list, read from the app's own locale file — Service New Brunswick · openA
- GeoNB Data Catalogue — Property assessment data ('Restriction on use: Unrestricted. License: Open Government Licence') — Service New Brunswick / GeoNB · openA
- Property assessment data bulk download (geonb_evan_tsv.zip) — Tombstone, Assessment, Sales, PIDPAN and TA files, source date 2026-10-01 — Service New Brunswick / GeoNB · openA
- GeoNB Open Data Licence v1.0 — Government of New Brunswick · openA
- Regent Mall fact sheet, February 2023 — Primaris REIT · openA
- King's Place; Place 2000 (250 King Street); 460 Two Nations Crossing — property pages — Ravelin Properties REIT · openA
- Clarke Inc. Completes Acquisition of Ravelin Properties REIT, 29 May 2026 — Clarke Inc. and Ravelin Properties REIT via Newsfile Corp. · openA
- Our Properties — New Brunswick holdings — Crombie REIT · openA
- Q2-2026 Management's Discussion and Analysis — Killam Apartment REIT · openA
- Q2 2026 Financial Report — Plaza Retail REIT · openA
- N.B. cities getting denser as they respond to population growth — CBC News · openA
- getCubeMetadata for tables 34-10-0143 and 34-10-0126 (CMHC housing starts) — Statistics Canada Web Data Service · openA