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$ 1,295,000
Est. payment | /mo
1 Sqft Lot
$ 1,295,000
Est. payment | /mo
1 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB144197
Lot Size 1 Sqft
Acres 2.5711663E-5
Property Sub-Type Freehold
Property Description
Prime MR-2 Development Opportunity - Brookside Drive, Fredericton Exceptional development opportunity in one of Fredericton's fastest-growing residential corridors. This offering includes approximately 2 acres of MR-2 zoned land with the potential for an approximately 40-unit multi-residential development (subject to municipal approvals), together with three additional residential building lots. Restrictive covenants in place for residential lots. Ideally situated at the entrance to the established Haven Heights subdivision, the property offers excellent frontage, visibility, and convenient access to schools, shopping, parks, walking trails, and all northside amenities. The surrounding area continues to experience significant residential growth, making this an ideal location for future multi-family development. Also included is an additional lot of approximately 600 square metres with frontage on Brookside Drive, offering potential for a compact or small-footprint home, subject to municipal approvals. Development sites with this combination of zoning, location, visibility, and potential are becoming increasingly rare within the City of Fredericton. An outstanding opportunity for developers and investors seeking one of the city's most desirable growth areas. The listing REALTOR® has an ownership interest in the property. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features Fishing
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXIT Realty Advantage