160 Bishop Drive

Fredericton · MLS® NB146761

3 sq ft lot · Land · Vacant Land · 58 days on market

listed by Sebastien Duval, ONE. Commercial Real Estate Advisors

realtor's description

Lot 97-3 at 160 Bishop Drive is located near the Lian Street roundabout along the busy connector road. 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 an opportunity for an infill development in a rapid-growth area, in the heart of Bishop Reach's commercial node.

property details

type: Land, Vacant Land
lot: 3 sq ft
parking: 0
property tax: $8,079 / yr
days on market: 58
MLS®: NB146761

monthly cost

$7,392/mo

Mortgage $6,718 · Tax $673

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

estimated payment

$6,718/ monthly

loan $1,233,600

25-year amortization

down payment20% · $308,40020%+ 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: $781,904
cash to close: $308,400; down payment; transfer tax and fees not included
total paid: $2,015,504

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