353 Bishop Drive

Fredericton · MLS® NB146755

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

listed by Sebastien Duval, ONE. Commercial Real Estate Advisors

realtor's description

Lot 06-288 at 353 Bishop Drive measures +/-370 feet wide (frontage) and +/-248 feet deep. This is a unique opportunity to acquire a commercial parcel along this busy collector road. The lot also benefits from great highway exposure and includes a shared driveway (subject to existing easement agreement). Priced at $600,000 per acre. Dimensions and areas are approximate and for discussion purposes only.

property details

type: Land, Vacant Land
lot: 2 sq ft
parking: 0
property tax: $39,282 / yr
days on market: 58
MLS®: NB146755

monthly cost

$8,763/mo

Mortgage $5,490 · Tax $3,274

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

estimated payment

$5,490/ monthly

loan $1,008,000

25-year amortization

down payment20% · $252,00020%+ 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: $638,910
cash to close: $252,000; down payment; transfer tax and fees not included
total paid: $1,646,910

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