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Investment Highlights

  • Amenity-rich area
  • The only “MULTI-FAMILY DEVELOPMENT SITE” bordering Mapleton Park on the market
  • Steps away from Mapleton Park
  • Strong multi-family fundamentals
  • High demand for new residential communities in Moncton.

Property Facts Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 8.30 AC
Zoning SC - Suburban Commercial zoning

1 Lot Available

Lot

Lot Size 8.30 AC

An 8.3 ac development multifamily site located adjacent to the majestic Mapleton Park in Moncton, NB. The development site benefits from excellent multi-family fundamentals as well as its location in the amenity-rich Mapleton District.

Description

The site has been approved for 2 x 99-suite apartment buildings with advanced plans available. Should a buyer decide to maximize the number of suites, the site may accommodate more density (subject to discussion and approval from City). Suburban Commercial zoning permits a wide array of potential uses. DEVELOPMENT MILESTONES: * Environment ESA Phase 1: Completed by HIVE Engineering. * Use Conditional use application to allow a multiple dwelling in the SC zone approved by the City of Moncton. * Planning, Engineering Civil drawings by J.R. Daigle Engineering.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 28557351

  • Date on Market: 2023-05-23

  • Last Updated:

  • Address: Cabela's Court, Moncton, NB E1G 5V7

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