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CAD 70,000

Lot Spencer Street
Fredericton, New Brunswick

Property Description

Prime 3.9 acre development site located near the popular Gilridge Estates subdivision in the City of Fredericton. This parcel is currently zoned as ""R-2"", which permits residential housing in the form of ""single detached dwellings which may contain a basement apartment"". RELATED NOTES & DISCLOSURES: (1) SNB lists the civic address as Spencer Street but the property is actually located off the unpaved portion of the Amanda Street extension; (2) The City of Fredericton has stipulated that no building permits shall be issued for this property until the extension to Amanda Street has first been completed. This includes but is not limited to: constructing a new public access road per the Citys specifications (including curbing, asphalt, & sidewalks) and installing services that connect to the municipal water, sanitary sewer, & storm water systems. The cost of all such municipal road development and site servicing work shall be the responsibility of the purchaser and is estimated at over $400,000 + HST. Please contact the Listing Agent or the City of Fredericton Planning Department at 506-460-2020 for additional information. (id:885)

Courtesy of Royal LePage Atlantic

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Property Details

ID #
NB063573
Status
For Sale
Type
Vacant Land
Postal Code
E3A7S3
Acreage
Yes
Ownership Type
Freehold
Sewer
No sewage system
Size Total
3.9 ac
Zoning Description
R2
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