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    For Sale - 1400 Monaghan Road, Peterborough, Ontario

    Est payment $12,605/mo
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    Views   2
    Time on Jump  7 day




    Prime infill & high-density opportunity! Located in peterborough's sought-after old west end, this versatile development site offers an immediate, low-risk project pipeline alongside significant long-term higher density upside. Investment highlights: 1. Approved 5-lot severance: ready for immediate development into five distinct residential parcels - 2 monaghan rd lots & 3 homewood ave lots. | 2. As-of-right 20-unit potential: utilize ontario's multi-unit housing framework with as-of-right approval for a 4-plex on each parcel - ideal for a phased infill build. | 3. Increased density: option to purchase all 5 lots as a unified site with conceptual potential for up to 40 townhomes or a mid-rise residential complex of up to 116 units giving residents a unique opportunity to age in place. | location & market drivers: minutes from peterborough regional health centre, trent university transit lines, downtown dining, and jackson park trails. Positioned in a high-demand rental market with historically low vacancy rates, making this an ideal acquisition for developers and investors alike.
    Listing IDX13671062
    Address1400 Monaghan Road
    CityPeterborough, Ontario
    Price$2,625,000
    StyleVacant Land
    Land Size0.9
    TypeVacant Land
    StatusFor Sale

    Subtype Vacant LandOwnership FreeholdWaterfront None

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    Listing Agency:  Royal LePage Frank Real Estate

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    1400 Monaghan Road
    Peterborough , Ontario
    $2,625,000
    Get more info