Dieppe Approved 1,300 Units on Keith Road: What It Means if You Own Nearby

Dieppe council approved roughly 1,300 rental units on a single site off Keith Road. Three of the buildings are already delivering. What almost nobody has connected is that they are landing in a rental market that loosened faster than anyone planned for.

The development is Origine Village, built by Quest Properties, a Dieppe-based company headquartered on Acadie Avenue. Quest calls it its largest land development project to date. For anyone who owns property in southeast Dieppe, the interesting part is not the marketing. It is what council actually approved, what it refused, and what the numbers look like now that the units are hitting the market.

Moncton CMA rental vacancy went from 1.5% in October 2024 to 3.8% in October 2025. The supply response arrived. The scarcity story that justified projects like this one is over.

What Council Approved, and What It Turned Down First

Quest's original submission for 49 Keith Road asked for up to 2,000 units across roughly 15 buildings, four to six storeys. Council rejected it unanimously. Residents objected on traffic, on the plan to open Janika Street into the site, on tree removal, and on the lack of detail in the application.

Quest came back with a revised plan of roughly 1,300 units. Council approved that version, with conditions that came directly out of the residents' objections:

• A nine-metre forested buffer along neighbouring property lines.
• Height reduced from six storeys to four for the buildings adjacent to eleven existing properties.
• The requested Janika Street closure refused, so the street stays as it is.

That sequence matters more to a nearby homeowner than any rendering. A 700-unit reduction, a mandated tree buffer, and a height cap on the buildings closest to existing homes are the difference between a project that overwhelms a street and one that fits behind it. It is also a useful precedent for anyone who owns near a parcel that has not been developed yet.

What Is Actually Built

Origine Village sits between Keith Road and Dieppe Boulevard, with its own internal street, Rue Origine. Quest markets three apartment collections under the Origine name: Tradition, Classique and Privilège.

Three phases are live or imminent:

• Origine Tradition is open. Three buildings, three storeys each, no elevators, 150 units total. Listed rents run from about $1,255 to $1,645.
• Balade, a six-storey concrete building at 250 Acadie Avenue, is pre-leasing with an October 1 opening. It holds 126 units from 644 to 1,364 square feet, with underground parking and two elevators.
• Ali Habitations, three 36-unit buildings on Elsliger Street, adds 108 units on a staggered schedule, with the last building due in December.

That is 384 units from one developer across three Dieppe sites inside a single calendar year. Origine Village alone still has the large majority of its approved units to come.

The Market They Are Landing In

Here is where the story turns. The Canada Mortgage and Housing Corporation's most recent rental market survey, covering October 2025, put Moncton CMA vacancy at 3.8%. A year earlier it was 1.5%. The provincial average moved to 2.9% from 2.0%.

A jump of that size in twelve months is not noise. It is the point at which a market stops being supply-constrained.

The more useful detail is where the loosening happened. Broken out by rent quartile, vacancy in the most expensive quarter of the market reached 6.5%, up from 3.0% a year earlier. In the least expensive quarter it was 1.1%. The top of the market has real slack. The bottom does not.

New purpose-built product like Origine Tradition and Balade prices into the upper half of that range. It is competing for the same tenant pool as every other new building delivered in Greater Moncton over the last two years, and that pool now has options. Meanwhile the shortage at the affordable end, the part that actually drives household formation and first-time buyer demand, has barely moved.

What This Means If You Own in Southeast Dieppe

Three things follow, and they do not all point the same direction.

The infrastructure is real and it is funded. The Dieppe Boulevard extension is a $42 million project, roughly two kilometres from east of Belle-Forêt to Amirault, built in three phases over about four years from 2024. It services around 500 acres of developable land. Federal, provincial and municipal money is all committed. Roads of that scale do not get built and then abandoned, and they are the single most reliable predictor of where the next decade of development goes.

Density near you is now a known quantity, not an open question. Before the approval, an owner near Keith Road faced an unbounded risk: a 2,000-unit application with six-storey buildings and a new street cut through. What exists now is a capped, conditioned plan with a buffer requirement. Uncertainty is what discounts a property. That uncertainty has been resolved, and resolved on terms favourable to the existing street.

The rental comparison has changed, and that is relevant if you are pricing a home. When vacancy sat at 1.5%, renting was not a real alternative for many households and ownership demand absorbed the overflow. At 3.8%, with the loosening concentrated in newer stock, a well-finished two-bedroom is a genuine option for the exact buyer profile that would otherwise be shopping entry-level houses. If you are selling in that band, you are competing with new supply you were not competing with two years ago. Price accordingly and do not assume last year's absorption speed.

Context on the Construction Numbers

Dieppe's growth is real, and it is worth stating accurately rather than by reflex. Dieppe approved just under 1,200 new housing units in 2024, a record year for the city. It has also secured more than $7.2 million from the federal Housing Accelerator Fund, targeting 220 homes over three years and 3,700 over the decade, alongside commitments including four units as of right in low-density zones.

For scale, Moncton recorded $477.9 million in building permits and 1,367 new residential units in 2025, its highest ever. Dieppe has not published a 2025 annual figure. On the published absolute numbers, Moncton is the larger construction market. Dieppe's case is density and pace on a smaller land base, not raw volume.

What to Watch Next

On September 2, Dieppe issued public notice of an amendment to its Municipal Development Plan and the adoption of Bylaw Z-27 (2026), the Dieppe South Secondary Plan. It covers the area south of LeBlanc Road and is tied directly to the Dieppe Boulevard extension. The public presentation is Monday, September 14 at 7 p.m.

Anyone who owns land or a home in south Dieppe should read the schedule maps before that meeting. Secondary plans set the zoning framework that every subsequent application is measured against. They are decided with far less public attention than an individual project, and they matter considerably more.

The Practical Read

Origine Village is not a story about a shortage. It is a story about a corridor that has been rezoned, funded and committed to for the next decade, arriving at the same moment the rental market caught its breath. For owners nearby, the infrastructure and the certainty are genuine long-term positives. For anyone selling a starter home in Dieppe this fall, the new rental supply is a competitor that did not exist in 2024, and pricing that ignores it will sit.

If you want to see what is actually trading near the corridor, start with the map search and filter to the Keith Road and Dieppe Boulevard area. For a sense of how the surrounding streets differ, the Dieppe neighbourhood pages break the city down by area. And if you own within a few streets of the development and want to know what the last twelve months did to your number, request a current home evaluation rather than working from a 2024 assumption.

Figures in this article are drawn from Dieppe council decisions, City of Dieppe project releases, CMHC's October 2025 Rental Market Survey, and Quest Properties' own project announcements. Unit counts and timelines reflect what was published as of September 2026 and are subject to change.