61-71 & 75-83 Violet Street, Shediac, New Brunswick E4P0Z8

Listing courtesy of EXIT Realty Associates.

$3,540,000
1,480
SqFt

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List Price
$3,540,000
MLS®
NB142320
Days on Market
37
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
1,480
Lot Size Dimensions
2397
Lot Size
2,397

Property Description

12-UNIT INVESTMENT PACKAGE | NEW CONSTRUCTION | MLI SELECT ELIGIBILITY POTENTIAL | Rare opportunity to acquire a newly constructed 12-unit townhouse investment package in the growing community of Shediac, New Brunswick. This offering consists of two buildings totaling 12 rental units, including ten spacious 3-bedroom units and two 1-bedroom units, providing an attractive unit mix designed to appeal to a broad range of tenants. Shediac continues to experience residential growth and infrastructure investment, including the recently announced K-12 school expected to open in January 2029 with capacity for approximately 930 students, further supporting the area's long-term development. The buildings have been designed with energy-efficient features and may be eligible for enhanced financing options through CMHC's MLI Select program, subject to purchaser qualification, lender underwriting, and CMHC approval. The project may also qualify for the Purpose-Built Rental Housing (PBRH) rebate program, subject to applicable eligibility requirements. Each turnkey unit features modern finishes, an open-concept layout, appliances included, and low-maintenance construction. Landscaping, paving, mirrors, and appliances are included, allowing for a seamless ownership experience. Properties are designed to allow for future individual subdivision, providing additional flexibility and potential exit strategies for investors. Units included: 61,63,65,67,69,71 & 75,77,79,81,83,83-1 Violet Street, Shediac, NB, (id:5764)

Additional Information

Ownership
Freehold
Cooling
Heat Pump
Country
Canada
Flooring
Tile, Laminate
Sewer
Municipal sewage system
Heating
Heat Pump, Baseboard heaters, Electric
Lot Features
Level lot, Balcony/Deck/Patio
Total Number Of Units
12
Lot Size
2,397

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