Lot 1 Highlandview Road

Moncton · MLS® NB136060

4,868 m² lot · Land · Vacant Land · 208 days on market

listed by Mathieu LeBlanc, EXIT Realty Associates

realtor's description

DEVELOPMENT OPPORTUNITY | PRIME MONCTON EAST LOCATION | R3 ZONING | Rare opportunity to acquire approximately 1.2 acres of land (two PIDs) ideally located in the highly sought-after Moncton East area, just minutes from all major amenities including shopping, schools, restaurants, and highway access. These lots are zoned R3 (Multiple Unit Dwelling Zone), offering excellent potential for multi-family development. Each lot features approximately 200 feet of frontage by 120 feet of depth, providing a functional layout well-suited for larger-scale projects. With the ability to accommodate two 12-unit buildings, this property presents a strong opportunity for developers and investors looking to capitalize on Monctons growing rental demand in a prime location. Whether youre looking to build and hold or develop and sell, opportunities like this in Moncton East are becoming increasingly limited. Contact us today for more details.

property details

type: Land, Vacant Land
lot: 4,868 m²
parking: 0
property tax: $1,348 / yr
days on market: 208
MLS®: NB136060

monthly cost

$2,400/mo

Mortgage $2,287 · Tax $112

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

estimated payment

$2,287/ monthly

loan $420,000

25-year amortization

down payment20% · $105,00020%+ 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: $266,212
cash to close: $105,000; down payment; transfer tax and fees not included
total paid: $686,212

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