Unknown for 370 SOMERSET STREET, Saint John New Brunswick E2K2Y4
24 days on Market

370 SOMERSET STREET, Saint John, New Brunswick E2K2Y4

Detached
3
3 + 2
~1169 sqft
$239,000
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Detached
3
3 + 2
~1169 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$204/sqft

Est. Mortgage$1,026/mo

Tax Amount ()-

Days On Market24 days


Description

Prime Development or Immediate Use Opportunity 370 Somerset Street, Saint John Unlock the potential at 370 Somerset Street, perfectly positioned between Uptown Saint John and Millidgeville. This versatile property is zoned RM (Mid-Rise Residential), offering a valuable opportunity for investors and developers to create multi-unit residential buildings, condominiums, or mixed-use developments with commercial spaces at street level. Already improved with an existing building, this property is ready for immediate use as a community center, place of assembly, or other permitted uses under current zoning giving you the flexibility to operate now while planning future development. Whether you envision a vibrant new project or need a functional space today, this property delivers on both fronts. Located in a high-demand area near hospitals, universities, shopping, and public transit, the site offers excellent connectivity and strong appeal for future tenants or community use. RM zoning typically permits construction up to six stories, offering major potential for those looking to expand their real estate portfolio. Opportunities in such a prime location are limited whether youre seeking an immediate-use building or a prime development site, 370 Somerset Street is absolutely worth a look. (id:39198)


Property Details

StyleHouse
View-
Age of property1956
SqFt~1169 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberNB116293
Community NameChurchill Boulevard
Data SourceCREA
Listing byEXIT Realty Specialists

Features

Heating: Heat Pump, Baseboard heaters
Cooling: Heat Pump

Property History

Apr 15, 2025
Listed for
$239,000
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Listed
$•••,•••
24 days on market
history photo preview16
Listing by crea®
Property listed by EXIT Realty Specialists, Brokerage
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Population and Demographics

Overview

Total population 3004
Average household income $73,937

Age (%)

0 to 19
27%
50 to 64
20%
20 to 34
19%
65 and plus
18%
35 to 49
16%

Household composition (%)

Single family
52%
Single person
42%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
80%
Arabic
10%
Others
4%
French
3%
Somali
1%

House tenancy (%)

Renters
71%
Owners
29%

Schools and amenities

Estimated Budget

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