Lot South Cove Road

For Sale 200 Days
$499,000
beds
baths
10,000 Sqft

Lot South Cove Road

For Sale 200 Days
$499,000
beds
baths
10,000 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $50/Sqft
  • Time on Houseful
    200 days
  • Property type
    Multi-family
  • Lot size
    0.71 Acre
  • Mortgage payment

ATTN: DEVELOPERS & INVESTORS. VTB option! For SALE is an R3 Zoned, 0.7 ACRE land parcel which has been APPROVED for a 5 story, 44 unit apartment building project! INCLUDED IN THE PRICE: PHASE 1 environmental, Geotechnical Report, Preliminary Site Plan drawings & 3D Renderings. THIS IS A RARE OPPORTUNITY for someone looking for a turnkey project to develop in the growing Shediac region, which attracts new residents every year with its beautiful sandy beaches and comfortable lifestyle! Top floors of this apartment building will have a beautiful view of the ocean for the enjoyment of your future tenants, along with a common area rooftop patio as shown on the renders! Take advantage of saving 15% of your hard costs utilizing the full HST rebate opportunity available now. Alternatively to make the project very competitive, you can choose to build a 3 story building of 30-36 units and have no elevator, very low cost of construction and no underground parking to be able to set rents at much below the competitors. Vendor is open for a VTB (vendor take back mortgage). HST is not included in the purchase price. (id:63267)

Shawna Roy of eXp Realty,
#NB115465
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Heat type
    Other
  • Sewer/ septic
    Municipal sewage system
Lot/ Land Details
  • Lot dimensions
    2857
Overview
  • Lot size (acres)
    0.705955
  • Building size
    10000
  • Listing #
    Nb115465
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28131234/lot-south-cove-road-shediac
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,331

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