For Sale: 501 Gibson Street, Fredericton, NB - REW
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$1,300,000
0 bd ba sf Land/Lot
$1,300,000

501 Gibson StreetFredericton, NB, E3A 4E8

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

Calling all investors and developers! This is an exceptional opportunity to add a high-potential project to your real estate portfolio. Gibson Gardens offers an approved 52-unit multi-family development with the hard work already completed, allowing you to focus on construction and bringing the project to life. The development includes approved plans with municipal water and sewer services already installed, significantly reducing upfront development time and costs. The approved plans also qualify for multiple rebate opportunities. This project works out to be $25,000 per unit, creating outstanding value for the next owner. Ideally located just off Gibson Street on Fredericton's north side, the property is close to shopping, schools, parks, walking trails, public transit, and all essential amenitiesan ideal location for future tenants. Whether you're looking to expand your investment portfolio or take on your next large-scale development, Gibson Gardens is a rare turnkey opportunity. Get started before the snow flies and position yourself for a productive building season. (id:63626)
Listed by: Joshua Crain, Salesperson, eXp Realty

Home facts and features

Price details
List Price
$1,300,000
Gross Taxes for 2026
$1,247
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
2.34 acres
Depth
Title
Freehold
Agent details
Primary Agent
Joshua Crain
Primary Broker
eXp Realty
Secondary Agent
Kevin Hollohan
Secondary Broker
eXp Realty
Tertiary Agent
Jeremy Deering
Tertiary Broker
eXp Realty
Listing details
Days on REW
1 Day
MLS® Number
NB145088
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

École Les Éclaireurs
  • n/a
  • K - 8
  • In Catchment
Devon Middle School
  • n/a
  • 6 - 8
  • In Catchment
Meduxnekeag Consolidated School
  • n/a
  • K - 8
  • In Catchment
Devon Park Christian School
  • n/a
  • K - 12
  • In Catchment
Leo Hayes High School
  • n/a
  • 9 - 12
  • In Catchment
Gibson-Neill Memorial Elementary School
  • n/a
  • K - 5
  • In Catchment
Chief Harold Sappier Memorial Elementary School
  • n/a
  • K - 5
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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