Lot on Seventh Street

Moncton E1E 3G3

Formally 5254 Seventh Street A rare opportunity to secure a centrally located building lot in the fastest-growing city in the Maritimes! This versatile property is zoned R2, allowing multiple development options from a single-family home to a duplex (not a semi-detached) or even a FOUR UNIT APARTMENT BUILDING (with parking variance approval already granted ask REALTOR® for details).The property permits up to 50% lot coverage, including the home, ( garage, sheds, driveways and pools are excluded in that calculation). When building, zoning setbacks for the R2 zone must be followed:Front yard: 6 m Rear yard: 5 m One side yard: 3 m Opposite side: 1.2 m (you choose which side) A site plan and variance application were previously submitted and approved, making this an even smoother path to development. Municipal water and sewer are already in place, saving you time and thousands in development costs. Whether youre a builder, investor, or homeowner, this is a prime opportunity to build in a high-demand area close to all amenities, schools, and transit. (id:2493)