$1,500,000

About this property

Development opportunity: 5 Multi-Unit Buildings Approved!! Approved for 4-37 unit buildings and 1-24 unit building, with the potential for the 4-37 unit buildings to be 45 unit buildings. There is enough space on the property to potentially get approval for additional units. 13.08 acres of prime development land on Brookside Drive in Fredericton! Located in the popular Brookside neighborhood, which is designated as a key ""Mixed Use Area"" in both the Growth Strategy and Municipal Plan documents, City of Fredericton Planning Department. Zoning - MR2. This area is a fast growing area of the City offering family neighborhoods, new schools, access to businesses, golf club, restaurants, grocery stores, health clinics and quick access to North and South side amenities. The MR-2 zoning permits multi-residential buildings -- including Apartment Building, Assisted Living, Child Care Centre, Small Stacked Townhouse, Townhouse. 2 properties are included, with one allowing access off Brookside Drive and allowing access to the second property and providing access to the larger development area. (id:66946)