For Sale: Lot 26-03 Sheppard Lane, Sackville, NB

About this home

MLI SELECT ELIGIBLE POTENTIAL | 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. Located in the heart of Sackville, New Brunswick, the project benefits from a historically low vacancy rate supported by the local university and strong rental demand. Priced at an average of $235,000 per unit, these properties are designed with investors in mind and offer approximately $140,000 in estimated built-in equity based on current pricing. 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 eligibility requirements. Investors may benefit from a municipal property tax incentive over the first 10 years, beginning with approximately 91% savings on your property taxes in year one , with the incentive gradually decreasing thereafter. Each turnkey units includes modern finishes, appliances, mirrors, landscaping, and paving, and has been designed to allow for future individual subdivision, providing additional flexibility and potential exit strategies for investors. Additional units may be available. (id:63626)

Listed by: Mathieu LeBlanc, Salesperson, 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

Mathieu LeBlanc

Primary Broker

EXIT Realty Associates

Secondary Agent

Erik Lang

Secondary Broker

EXIT Realty Associates

Listing details

Days on REW

2 Days

MLS® Number

NB142315

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

4 Schools are within 3km

Salem Elementary School

n/a
K - 4
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Lot 26-03 Sheppard LaneSackville, NB, E4L 2B3