155 Bishop Drive

Fredericton · MLS® NB146758

9 sq ft lot · Land · Vacant Land · 59 days on market

listed by Sebastien Duval, ONE. Commercial Real Estate Advisors

realtor's description

Lot 97-1 at 151 Bishop Drive extends over 900 feet of frontage on the busy connector road while providing excellent visibility from the highway. The lot is zoned COR-2 which allows for a variety of commercial uses. Multi-unit residential development is a potential use, subject to discussion with City planning authority. The lot represents a board range of opportunities in the heart of Bishop Reach's commercial node.

property details

type: Land, Vacant Land
lot: 9 sq ft
parking: 0
property tax: $81,061 / yr
days on market: 59
MLS®: NB146758

monthly cost

$28,975/mo

Mortgage $22,220 · Tax $6,755

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

estimated payment

$22,220/ monthly

loan $4,080,000

25-year amortization

down payment20% · $1,020,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,586,063
cash to close: $1,020,000; down payment; transfer tax and fees not included
total paid: $6,666,063

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