Property Information:

Looking for the perfect place to build apartment buildings or condos? Great investment opportunity! This prime piece of 7.1 acres is zoned for multiple highrise building & up to 500 units (RH)! Buildings can be a maximum of 9 stories high or 30 metres with commercial space on the 1st floor. This could be offices, medical clinic, restaurant, gym, etc. Located on a gently sloping hilltop directly behind #411 Ellerdale Street, East Saint John, any highrise built would have fabulous views from every angle overlooking East Saint John. Within walking distance of East Point Shopping, McAllister Place, Costco, Sobeys, Canadian Tire, Walmart, restaurants, Cineplex Cinemas & so much more! Tenants wouldn't need a car! On the bus line, stops right out front! Parcel is beautifully treed with mature deciduous maple mountain ash & birch plus evergreen fir, spruce & cedar. Newly built drivewaycomes directly off Ellerdale Street. No right of ways here, you own the driveway.