Sheppard Lane - Opportunity Knocks in Tantramar - INVESTMENT ALERT #Housing

 At this link:

For sale: Lot 26-03 Sheppard Lane, Sackville, New Brunswick E4L2B3 - NB142315 | REALTOR.ca

Listing Description

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. (30090198)

Location Description

From the Trans-Canada Highway, take the exit into Sackville and proceed onto Main Street. Continue along Main Street through the town centre, then turn right onto Queens Street. Follow Queens Street until you reach Sheppard Street (new street), then turn onto Sheppard Street. The property is located on this street.

Sheppard Lane, Sackville, New Brunswick - Opportunity Knocks in new subdivision off Queens Road

 At this MLS link:

  For sale: Lot 26-01 Sheppard Lane, Sackville, New Brunswick E4L2B3 - NB135662 | REALTOR.ca

"Listing Description

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. (29648370)

Location Description

From the Trans-Canada Highway, take the exit into Sackville and proceed onto Main Street. Continue along Main Street through the town centre, then turn right onto Queens Street. Follow Queens Street until you reach Sheppard Street (new street), then turn onto Sheppard Street. The property is located on this street."

More here:  Townhouse For Sale | REMAX | NB135662

and here:  01 Sheppard Lane Lot 26, Sackville, NB E4L 2B3 | MLS# NB135662 | Redfin

and here:  Lot 26-01 Sheppard Lane in Sackville: Multi-family for sale : MLS®# NB135662

and here:  Lot 26-01 Sheppard Lane, Sackville Property Listing: MLS® #NB135662

Sheppard Lane - Sackville's Newest Real Estate Opportunity - Apply Within

 At this link:

For sale: Lot 26-01 Sheppard Lane, Sackville, New Brunswick E4L2B3 - NB135662 | REALTOR.ca

"Listing Description

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. (29648370)

Location Description

From the Trans-Canada Highway, take the exit into Sackville and proceed onto Main Street. Continue along Main Street through the town centre, then turn right onto Queens Street. Follow Queens Street until you reach Sheppard Street (new street), then turn onto Sheppard Street. The property is located on this street."