Edward Street Saint John, New Brunswick E2K 1A9

$50,000

Exceptional development opportunity in a rapidly evolving area of Saint John. This offering includes two lots being sold together as one parcel, comprising approximately 14,531 square feet of land. Tucked away in a private, mature setting off Douglas Avenue, the property is just minutes from the exciting new museum development and offers the potential for harbour views overlooking Saint John Harbour from an elevated build. Currently treed with mature growth, the property provides a rare opportunity to create a private residential development while remaining close to uptown amenities, schools, shopping, and major transportation routes. Access to the property is available via Alexandra Street, and the seller has a survey on file dated 2006. Zoned Mid-Rise Residential (RM), this property accommodates a variety of serviced medium-density residential development options, including townhouses, apartments, condominiums, semi-detached dwellings, two-unit dwellings, and single-family homes. The zone requires a minimum building height of two storeys for new residential development, making this an attractive opportunity for builders, developers, and investors seeking a versatile site within the Primary Development Area. Whether you're planning a multi-unit project or a unique residential development, this property offers excellent potential in a growing neighbourhood poised for future appreciation. (id:61088)

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https://www.realtor.ca/real-estate/29851803/edward-street-saint-john