1758 Mountain Road

Moncton · MLS® NB149723

2 sq ft lot · Land · Vacant Land · 5 days on market

listed by Shagun Gupta, Keller Williams Capital Realty

realtor's description

This site is approved for an 85 unit condo building making it a dream project for any investor/builder/developer right in the heart of Moncton. Seller will provide all plans and studies done until now along with property transfer. Currently has a 2 bedroom house which will be sold in as-is condition. The site promises a streamlined development process, offering a ready-to-go project with a projected turnover of $50-60 million. Its central location on Mountain Rd, near major facilities and universities, ensures high demand for modern condominium living. With architectural freedom to tailor designs, capitalize on the strong housing demand and invest strategically. Seize the opportunity to shape the future of urban living in this thriving locale. Seller is open to collaborations. Vendor is immediate relative of listing Salesperson who is licensed in the Province of New Brunswick

property details

type: Land, Vacant Land
lot: 2 sq ft
parking: 0
property tax: $5,037 / yr
days on market: 5
MLS®: NB149723

monthly cost

$18,719/mo

Mortgage $18,299 · Tax $420

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

estimated payment

$18,299/ monthly

loan $3,360,000

25-year amortization

down payment20% · $840,00020%+ 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: $2,129,699
cash to close: $840,000; down payment; transfer tax and fees not included
total paid: $5,489,699

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