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60 Sarah's Lane Fredericton, New Brunswick E3B 0G1

Acreage

$2,200,000

Attention Developers! Rare opportunity to buy a large multi-unit residential site on the south side of Fredericton! Over 13 acres of high-density development land for apartments and/or condos in the beautiful Rainsford Gardens neighbourhood. Fantastic south side location surrounded by many mature trees and upscale residential homes. Only a short drive to the shopping dsitrict, restaurants, downtown Fredericton, UNB, Knowledge Park, local golf courses, and other key amenities. Although the current zoning is MR-2, the municipality has approved plans to build up to 160 apartment or condo units on this site (4 X 40 unit buildings) under the previous zoning rules. Notes: (1) It may be possible to change the current devlopment plan to accomodate more units; (2) Apartment floor plans and detailed site plans are available for review by prospective buyers; (3) Municipal water & sewer services have been installed to the beginning of the development site; and (4) HST is the responsibility of the Buyer. This is the one! (id:42007)

Property Details

MLS® Number NB047437
Property Type Vacant Land
Amenities Near By Recreation Nearby

Building

Fireplace Present No
Utility Water Municipal Water

Land

Acreage Yes
Land Amenities Recreation Nearby
Sewer Municipal Sewage System
Size Irregular 13 Acres
Size Total Text 13 Acres|10 - 49.99 Acres
Zoning Description Mr-2

https://www.realtor.ca/real-estate/22251618/60-sarahs-lane-fredericton

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