Saint John median ~$275K. NB transfer tax 1% = $2,750. Atlantic Canada's port city with strong industrial employment and heritage neighbourhoods.
Saint John is New Brunswick's largest city by population and its industrial heart — a port city on the Bay of Fundy with a history of shipbuilding, oil refining, and manufacturing. Long overlooked in favour of Moncton and Fredericton, Saint John has been undergoing a renaissance driven by investment, infrastructure improvements, and a housing market that offers some of the best value in Atlantic Canada.
With a median home price around $275,000, Saint John offers detached homes in established neighbourhoods for prices that feel artificially low from any comparative Canadian perspective. The flat NB transfer tax of 1.0% adds $2,750 on a $275,000 purchase — a modest closing cost on an already accessible price point.
Saint John's economy is anchored by the Irving group of companies — Irving Oil (the largest refinery in Canada), J.D. Irving (forestry, construction, media, retail), and Ocean Capital. This concentrated industrial ownership provides unusual employment stability, but also means the local economy's fortunes are tied to the Irvings' business decisions.
The City of Saint John has invested heavily in Uptown revitalization — the Market Square development, the cruise terminal expansion, and the conversion of historic warehouses to residential and commercial space. The $300M+ Fundy Quay project represents the city's most ambitious waterfront transformation. These investments are slowly shifting Saint John's narrative from industrial decline to urban renewal.
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