Lot 26-01 Sheppard Lane Sackville, New Brunswick E4L 2B3

$1,410,000

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:27750)

Property Details

MLS® Number	NB135662
Property Type	Multi-family
Features	Balcony/deck/patio

Building

Appliances	Refrigerator, Microwave, Stove, Washer, Dishwasher, Dryer
Constructed Date	2026
Cooling Type	Heat Pump
Exterior Finish	Vinyl
Flooring Type	Ceramic, Vinyl
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Heat Pump
Size Interior	1,480 Ft2
Total Finished Area	1480 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access, Public Road
Acreage	No
Landscape Features	Landscaped
Sewer	Municipal Sewage System
Size Irregular	11342
Size Total	11342 Sqft
Size Total Text	11342 Sqft

https://www.realtor.ca/real-estate/29512708/lot-26-01-sheppard-lane-sackville