1 / 3

Investment signal

$499,900

Land Munner Drive

Beds

Baths

—

Sqft

—

Year

—

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

Text about this home Send a message

About this home

Welcome to Popple Hill Estates, now located within city limits This subdivision offers a beautiful location for residents with many fine homes & properties already established. Ideally located inside City Limits offering Country Sized lots and the convenience of being just minutes from amenities. 60+ Homes Now Completed. The final phase consists of approx. 123 acres and is ready to be developed. Approval must go through City of Fredericton, currently 32 lots have been approved. Excellent investment opportunity in an already established subdivision. Current Company Name must be taken over by Purchaser. This property offers excellent opportunity for an investor or developer at only $499,900 + HST. Please note equipment (2010 Escavator & 2007 Gravel Truck) to be included at additional price (See listing Realtor®) (id:65958)

Subtype: Other
Common interest: Freehold
Living area: 0 square feet
Lot size: 123 acres
Lot dimensions: 123
On market: May 13, 2024
Status changed: Apr 13, 2026
Annual tax: $111.77
Photos: 3
MLS#: NB099340
Area: RICHIBUCTO_ROAD

Features and systems

Cooling

None

Lot

Treed

Negative cash flow ~$1,012/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.15%

Cap rate

3.46%

GRM

16.7

Break-even rent

$3,566

Financing

Down payment$99,980

Loan amount$399,920

Mortgage$2,453/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229

Insurance$80

Maintenance$417

CapEx reserve$208

Vacancy loss$125

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richibucto Road. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,453/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.