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The Saint John Modernization Gap: Why “Business as Usual” is Ending for Local Landlords

The Face of 2026 Competition: A new multi-unit residential project nearing completion in Saint John. While older inventory struggles with deferred maintenance and outdated code standards, this new wave of supply offers the energy efficiency and modern aesthetics that today’s tenants demand—often at a price point that makes unrenovated ‘legacy’ units unmarketable.