Mortgage Sale by the holder of the 1st mortgage to be effected by way of power of sale pursuant to the New Brunswick Property Acts. Royal Oaks Estates, a diamond in the rough! One of Eastern Canada's finest subdivisions, 466 acres +/- available for development. The subdivision surrounds a truly world class 18-hole championship golf course designed by world renowned golf architect Rees Jones. Royal Oaks Estates has approval for 850 dwelling units, with only 20% of the project developed. Remaining potential of 340 single family homes, 255 townhouses and 255 condo units, or ancillary uses including indoor and outdoor commercial recreational uses, sports facilities, lodging, local commercial uses. Parcel includes 291 wooded acres adjacent to Royal Oaks (just outside city limits), 25 serviced lots, 8000 sq ft sales office with model condo, 4 additional buildings, 1/4 mile horse racetrack. Listing agents have complete list of PIDs included.