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Listed price in listed location currency (CAD).
$2,625,000

000

MLS® X13781320

Overview

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage 
Taxes $16,143
Days Active 1
Lot Size 0 Acres
Approx. Age 
MLS® Number X13781320

Property Address: 1400 Monaghan Rd, Peterborough, ON, K9J5M5

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX13781320
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $2,625,000

For Sale · 0 days

$2,625,000

MLS® X13781320

11 hours ago

Not Sold Yet

September 2026, For Sale for $2,625,000

For Sale · 0 days

$2,625,000

MLS® X13781320

11 hours ago

Not Sold Yet

October 2023, Sold for $1,100,000

Sold · 83 days

$1,100,000$1,299,900

MLS® 40451655

3 years ago

Sold on Oct 2, 2023

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