Lot Charles Lutes Road

Moncton · MLS® NB139903

13 sq ft lot · Land · Vacant Land · 153 days on market

listed by Bianca Massaro, RE/MAX Avante

realtor's description

Prime development opportunity in a high-exposure location. This 12.520-hectare property is strategically located on Charles Lutes Road at the corner of Mountain Road, across from Petro Canada, offering exceptional visibility and access in one of the areas growing commercial corridors. Zoned Tourism, this property presents a wide range of potential development opportunities, including hospitality, recreational, retail, accommodation, and tourism-related ventures, subject to municipal approvals. With strong traffic counts, excellent frontage, and proximity to Moncton amenities and major routes, this is a rare opportunity to secure a large parcel in a rapidly developing area. Whether you are looking to develop now or hold as a future investment, this property offers outstanding potential.

property details

type: Land, Vacant Land
lot: 13 sq ft
parking: 0
property tax: $6,932 / yr
days on market: 153
MLS®: NB139903

features

Corner Site
Visual exposure

monthly cost

$12,777/mo

Mortgage $12,199 · Tax $578

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

estimated payment

$12,199/ monthly

loan $2,240,000

25-year amortization

down payment20% · $560,00020%+ 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: $1,419,799
cash to close: $560,000; down payment; transfer tax and fees not included
total paid: $3,659,799

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