Learn more about this property online at:
https://www.collierscanada.com/p-can2011891
https://www.collierscanada.com/p-can2011891
- For Sale
For Sale
$1,600,000 CAD
Multi-unit development project ready to break ground in Saint John
This ready-to-go project, known as Serenity Landing, is an exceptional multi-unit development opportunity.
With the land secured, conditional zoning in place, and site plans/conceptual drawings obtained, this is a ripe opportunity for someone looking to add to their multi-unit portfolio, or for a developer looking to get into the multi-unit space. The Serenity Landing site consists of 0.81-acres at 15 O’Brien Street, which currently houses a duplex, along with the adjacent 1.30-acre parcel at 730 Wilson Street, which houses a 11,007 SF commercial building.
The proposed Serenity Landing master plan is to develop the existing duplex and pool hall located on the two adjoining lots with two 5-storey condominium buildings fronting Wilson and O’Brien Street with 1 level of podium parking and a 2 storey live/work component fronting the lanes.
Overall, the project would boast 100 condominium units and 4 live/work units with 108 vehicle parking stalls and 30 secure bike stalls. The existing floor plan could also be amended to shrink the envelope if desired while maintaining the total counts.
Exceptionally well-located this site is walking distance to major retailers, restaurants, professional services and more.
The existing owner is currently in the process of securing an approval for CMHC financing, which can be transferred to the new owner.
With the land secured, conditional zoning in place, and site plans/conceptual drawings obtained, this is a ripe opportunity for someone looking to add to their multi-unit portfolio, or for a developer looking to get into the multi-unit space. The Serenity Landing site consists of 0.81-acres at 15 O’Brien Street, which currently houses a duplex, along with the adjacent 1.30-acre parcel at 730 Wilson Street, which houses a 11,007 SF commercial building.
The proposed Serenity Landing master plan is to develop the existing duplex and pool hall located on the two adjoining lots with two 5-storey condominium buildings fronting Wilson and O’Brien Street with 1 level of podium parking and a 2 storey live/work component fronting the lanes.
Overall, the project would boast 100 condominium units and 4 live/work units with 108 vehicle parking stalls and 30 secure bike stalls. The existing floor plan could also be amended to shrink the envelope if desired while maintaining the total counts.
Exceptionally well-located this site is walking distance to major retailers, restaurants, professional services and more.
The existing owner is currently in the process of securing an approval for CMHC financing, which can be transferred to the new owner.
