We are very happy to announce that we were instrumental in securing a buyer for a 16.56 acre parcel of land off Nason Road in the Silver Falls area of Saint John. The land is currently zoned Future Development and is adjacent to an established multi-unit residential development including Michael Crescent and Martha Drive. This area is popular with renters due to its proximity to retail, restaurants and services. The Land which was owned by the Silver Falls Park Development Company Limited was sold by the estate of the late Harold and Ruth McNamara and purchased by local developers. 

This is the second parcel that we have sold for this vendor. In October of last year, another company purchased a 12.5+ acre parcel of land located near the corner of Commerce Drive and Loch Lomond Road in Saint John, NB. That property is zoned Business Park and the buyers of that land announced plans for a commercial development.   

Stephanie Turner represented the seller Silver Falls Park Development Company Limited