Zoned for 500 units!

NB088100 $2,200,000

Attention Developers!  Looking for a Great investment opportunity! The perfect place to build apartment buildings or condos?

This prime piece of 7.1 acres is zoned for multiple highrise buildings and up to 500 units (RH)! Buildings can be a maximum of 9 stories high or 30 metres with commercial space on the first floor. This could be offices, medical clinic, restaurant, gym, etc.

Located on a gently sloping hilltop directly behind #411 Ellerdale Street, East Saint John, any highrise built would have fabulous views from every angle overlooking East Saint John.

Within walking distance of East Point Shopping, McAllister Place, Costco, Sobeys, Canadian Tire, Walmart, restaurants, Cineplex Cinemas & so much more!

Tenants wouldn’t need a car! On the bus line, stops right out front! Parcel is beautifully treed with mature deciduous trees; maple mountain ash and birch plus evergreen fir, spruce and  cedar. Newly built driveway comes directly off Ellerdale Street. No right of ways here, you own the driveway.

Don’t let this one slip away!  Location is key!  Call or text Katherine Bacon at 506-650-8575 or Charles Turnbull at 506-636-0748l