153 Wesley Street

Moncton · MLS® NB145978

492 m² lot · Land · Vacant Land · 71 days on market

listed by Ricky Cote, EXIT Realty Associates

realtor's description

Bienvenue / Welcome to 153 Wesley Street a redevelopment opportunity in the heart of Downtown Moncton. With the previous building now removed, this approximately 492 sq m (5,296 sq. ft.) vacant lot offers a clean slate for a future development project. Zoned UR (Urban Residential), the property offers flexible development potential, including residential uses as well as certain commercial uses at ground level, making it well suited for a residential or mixed-use concept, subject to applicable municipal requirements and approvals. With approximately 50' of frontage and 100' of depth, the property is conveniently situated between Mountain Road and St. George Street, within an established urban neighbourhood and close to public transit, businesses, services and Downtown amenities. This is an excellent opportunity for a developer, builder or investor looking to secure a centrally located parcel with redevelopment potential in Moncton's urban core.

property details

type: Land, Vacant Land
lot: 492 m²
parking: 0
property tax: $1,704 / yr
days on market: 71
MLS®: NB145978

monthly cost

$534/mo

Mortgage $392 · Tax $142

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$392/ monthly

loan $72,000

25-year amortization

down payment20% · $18,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $45,636
cash to close: $18,000; down payment; transfer tax and fees not included
total paid: $117,636

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.