Prime Development Land – Mitchell Lane Extension PHASE II, Fredericton, NB
17 +/- acres to be subdivided off PID 01487834

PRICE: $2,700,000

An exceptional opportunity to acquire a premier development parcel on the North side of Fredericton. The Mitchell Wayne Extension PHASE II consists of 17+/- acres of strategically located land. Ideal for variety of high density residential development options such as multi-residential buildings, townhomes etc…

Potential for two future access points. Mitchell Wayne Drive Extension Road currently being developed.

Parcel Image: Subject land shown highlighted below

Development Potential for PHASE II:

A professionally designed site plan has been prepared, illustrating the potential for a well-balanced, high-density residential community, including multi-residential buildings, townhomes and affordable “hybrid” dwellings for a total of 154 doors. Plans available to qualified buyers. Preliminary discussions with City of Fredericton indicate support for development.

Key Features:

• Zoning: Future Development
• Surrounded by Growth: Bordering three sides of multi-million-dollar development projects
• Nearby Services: Municipal services in close proximity
• Natural Setting: adjacent to 7+ Acre Nature Park

Location:

Strategically Positioned in Fredericton’s High-Growth Northside Corridor

This property is located in the heart of Fredericton’s expanding Northside, a high-demand commercial and residential growth area experiencing sustained investment and rapid population increase. Exceptional accessibility, strong surrounding demographics, and proximity to established amenities make this a prime location for retail, office, medical, and service-based users.

Brookside – Rapid Expansion & Demand Drivers
The Brookside district is one of Fredericton’s most active development zones, with ongoing multifamily and single-family residential projects fueling year-over-year growth. Positioned just 7 minutes from Downtown Fredericton, the area offers efficient regional connectivity and a strong customer base backed by new housing density and surrounding lifestyle amenities.

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Area Highlights

West Hills Golf Community
Located directly off Highway 105 and Brookside Drive, West Hills Golf Course is a premier 18-hole facility and a key anchor to the upscale West Hills master-planned community. The area attracts consistent daily traffic and supports strong commercial viability within the corridor.

Killarney Lake Recreation Area
One of Fredericton’s most popular natural amenities, Killarney Lake offers a freshwater beach, extensive trail networks and year-round outdoor activity, enhancing quality of life for residents and drawing steady regional visitation.

Brookside Mall & West Hills Village Retail Node
This established commercial hub features national and regional retailers. Continued residential intensification in Brookside is driving expanding demand for additional services and amenities.

Downtown Fredericton
Minutes away, the urban core offers a vibrant dining and cultural scene, boutique retail, and professional services along the St. John River, enhancing the desirability of the Northside for both commercial operators and workforce talent.

This highly desirable parcel presents a excellent opportunity for developers looking to capitalize on Fredericton’s expanding north side residential market. The owner is open to discussions on completing roads and services.

Location Map

For more information contact us today!