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Description

A 0.99-acre residential redevelopment opportunity is available on Mapleton Road in Monctons growing north end. The property currently contains a 3-bedroom, 1-bathroom home and a detached shed, both of which are considered tear-down structures. Offered on an as is, where is basis, the site presents an opportunity to clear the existing improvements and pursue a new residential development tailored to the purchasers vision. The property is zoned R2, or Two-Unit Dwelling Zone, which primarily accommodates single-unit and two-unit residential development. Subject to applicable zoning requirements and municipal approvals, additional uses may include an accessory dwelling unit, garden suite, home occupation, bed & breakfast, or home daycare.The generously sized parcel offers flexibility for the development of a new single-family residence, two-unit income property, or custom home in a scenic, wooded setting. The site may also offer longer-term potential for a multi-unit residential development, subject to rezoning and all required municipal approvals. Topographic information indicates that the eastern portion of the parcel near Mapleton Road and the existing structures is comparatively level, while portions of the central and western areas feature a descending grade. Purchasers should complete their own survey, servicing, geotechnical, drainage, zoning, and development due diligence to confirm the propertys suitability for their intended use. Strategically located just north of the Trans-Canada Highway, the property provides convenient access to the Mapleton Road interchange and Monctons established north-end commercial district. Nearby amenities include Mapleton Park, Crandall University, hotels, restaurants, building supply retailers, and major shopping destinations such as Home Depot, Winners, Kent Building Supplies, RONA, and Princess Auto. The nearby Mapleton Park trail network further enhances the propertys natural setting and recreational appeal. (id:13843)

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MLS Number: NB144206

Listing Provided By: Nikki Rawlines – (506) 227-8201

Colliers International New Brunswick – (506) 870-8888