Property Information:

The Brookside Meadows lands are an exceptional greenfield development site in the growing Fredericton North community. Fredericton’s north side holds the greatest proportion of the city’s residents and with new zoning focused on increasing density in the area, it is quickly becoming the next epicentre for multi-family development. Excluding Park and Environmental & Open Space zones, the majority of the lands are zoned Multi-Residential (MR-2, MR-4 and MR-5) with one lower density Residential Zone (5).The Vendor will provide roads and infrastructure connections as defined by the Master Plan. All development lots will be cleared, graded level, and serviced. This includes will include: Servicing and development agreements with the Municipality for the overall project; All multifamily sites will have 6” water, 8” storm and 6” storm services for 100 feet leaders; All roads and right-of-way sidewalks will be constructed; All street lighting and power services in right-of way; All storm ponds and perimeter swales; and Lots will be pre-graded. The Purchaser(s) will be responsible for any building plans, permits or other approvals required for the construction of individual buildings. As the property is yet to be divided, no property assessment or tax is available.Lot 25-5 will be subdivided from PID 01489269. This property is zoned MR-4 and approved for 95 apartment units; and is defined as Building J in the development plan. Please note, price is plus applicable HST.