For Sale · Land

173 Rivercrest Avenue, Riverview

173 Rivercrest Avenue, Riverview, NB E1B1M6

$89,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

Lot Size

0.5164497907019269 ac

About this property

**Build your next chapter in Riverview!** This 2,090 m² (approx. 22,500 sq ft, just over half an acre) residential lot sits on a quiet, established street in one of Greater Moncton's most sought-after family communities. There's plenty of room for your dream home, a big backyard and a garden. You're minutes from schools, parks, shopping and the scenic Riverfront Trail, with an easy hop across the bridge to downtown Moncton. Riverview gives you small-town charm with city convenience, and lots this size in town don't come up often. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$4K

Annual cash flow

$-1K

Cash-on-cash

-3.93%

DSCR

0.79

Going-in cap

4.36%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

134,830

Households

51,331

Median income

$130,000

Median age

38.7

Daytime population

148,241

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 173 Rivercrest Avenue, Riverview.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.