Lot 25-1000 Cleveland Avenue

Prime development opportunity with potential for up to 150 residential units!

Development potential awaits at Lot 25-1000 Cleveland Avenue in Riverview, New Brunswick. Situated within one of the community’s growing residential corridors, this property presents a rare opportunity for developers and investors to acquire the first two phases of a thoughtfully planned four-phase mixed-use community. Surrounded by established neighbourhoods, schools, amenities, and ongoing residential growth, the site is ideally positioned to benefit from the area’s continued expansion.

The 3.36-acre development parcel is zoned for both commercial and residential uses and is supported by development plans prepared by Spitfire Architects, allowing a purchaser to advance efficiently toward construction. The offering includes Phase 1, featuring a proposed 60-unit, four-storey residential building, and Phase 2 (to be subdivided), consisting of a proposed 90-unit, six-storey residential building. While the preference is to sell both phases together, seller may sell each phase separately. 

Planned surface and underground parking, proximity to key amenities, and a comprehensive vision for future development make this an exceptional opportunity to deliver housing within one of Riverview’s most promising growth areas.