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$ 799,000
Est. payment | /mo
1.06 Acres Lot
$ 799,000
Est. payment | /mo
1.06 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB137660
Lot Size 1.060 Acres
Acres 1.06
Property Sub-Type Freehold
Property Description
Welcome to Vanhorne Court, an exceptional development opportunity in the heart of Frederictons Northside. This offering includes three propertys (21, 24, and 27 Vanhorne Ct) totalling approximately 1.06 acres, with existing access to Friel Street. Ideally located within the city core, this property is surrounded by established residential development and is just minutes to all amenities, schools, and downtown Fredericton. Currently zoned residential, the property presents strong potential for multi-unit or expanded use, subject to City of Fredericton approvals. The configuration and location make it an attractive option for developers or investors looking to capitalize on intensification in a growing area. An older farmhouse is situated on PID 01476357 and is currently tenant-occupied. The home has not been included in the land valuation; value is primarily in the land, with the dwelling included as part of the package. Additional opportunity exists to also acquire two bordering residential homes and lands on Friel Street, at current market value, offering further potential for assembly and future development. A rare chance to secure a strategic land holding in a desirable and evolving neighbourhood (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Not landscaped
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://drive.google.com/file/d/1o3C9gYr1V-bBlBD0sSYj2OIA3lLwRjFI/view?usp=drive_link
Listed by EXIT Realty Advantage