For Sale: Lot 26-01 Sheppard Lane, Sackville, NB

About this home

MLI SELECT ELIGIBLE | STRONG CASH FLOW | IMMEDIATE EQUITY | PROPERTY TAX SAVINGS This townhouse development offers a rare opportunity to acquire high-performing rental assets within a proven six-unit building layout. Each building features 2 spacious 3-bedroom units and 4 comfortable 1 bedroom units (end units with private side entrances), creating an ideal mix for affordability and strong rental demand. Situated in the core of Sackville, New Brunswick, this project benefits from a very low vacancy rate driven by the university and strong rental demand. Priced at an average of $235,000 per unit, these properties are designed with investors in mind. With $140,000 in built-in equity and excellent rental income potential, these units generate strong, positive cash flow from day one. The project qualifies for CMHCs MLI Select program (5+ units), offering up to 95% financing and extended amortization periods of 50 years. Each building is designed for strong energy efficiency and includes integrated affordable units to maximize program eligibility. Should qualify for the PBRH rebate (15%). Investors also benefit from a municipal property tax incentive over the first 10 years, starting with approximately 90% savings in year one (only ~10% of taxes payable), then increasing annually, improving early cash flow. Each building is turnkey with modern finishes, appliances, landscaping, paving, and is built for future individual subdivision. Multiple buildings available. (id:63626)

Listed by: Erik Lang, Student, EXIT Realty Associates

Home facts and features

Price details

List Price

$1,410,000

Gross Taxes for 2026

$1,393

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

11342 ft²

Depth

Year Built

Built in 2026 (0 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Heat Pump, Baseboard heaters, Electric

Cooling

Heat Pump

Features

Balcony/Deck/Patio

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Agent details

Primary Agent

Erik Lang

Primary Broker

EXIT Realty Associates

Secondary Agent

Mathieu LeBlanc

Secondary Broker

EXIT Realty Associates

Listing details

Days on REW

84 Days

Property Views

MLS® Number

NB135662

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

4 Schools are within 2km

Tantramar Regional High School

n/a
9 - 12
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Lot 26-01 Sheppard LaneSackville, NB, E4L 2B3