Zoocasa Realty Inc., Brokerage

CAONPeterboroughBonnerworth1400 Monaghan Rd

1400 Monaghan Rd, Peterborough, ON

Name: 1400 Monaghan Rd, For Sale in Peterborough - Zoocasa
Brand: REMAX YOUR COMMUNITY REALTY
SKU: X14103826
Price: 1 CAD

House

For Sale

Listed price in listed location currency (CAD).

000

MLS® X14103826

Overview

Key Facts

Type Residential Land

Levels Residential

Size -

Garage

Taxes $16,143

Days Active 18

Lot Size 0.9

Approx. Age

MLS® Number X14103826

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

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

Description

Prime Infill Development Opportunity - J & J Developments presents Peterborough's Desirable old West End! Exceptional residential development opportunity offering immediate building potential, flexible development configurations and significant long-term density upside. Located in Peterborough's established Old West End, this strategically positioned property features an approved 5FIVE-LOT severances, comprising 2 TWO-LOTS fronting Monaghan Road and 3 THREE-LOTS fronting Homewood Avenue. The 5 FIVE residential parcels offer as-of-right development potential for 20 residential units, consisting of 4 FOUR units per lot. Builders and investors can capitalize on Peterborough's strong rental demand and attractive market rental rates by developing income-producing rental units, or create 20 individually owned condominium units for resale, subject to condominium approvals. This flexibility offers multiple investment and exit strategies, including phased construction, long-term rental income or individual condominium sales. For larger-scale developers, the combined site offers conceptual redevelopment potential for approximately 40 town homes or a mid-rise residential complex of up to 116 units, subject to municipal planning approvals. Feasibility studies have already been completed! ATTRACTIVE VENDOR FINANCING AVAILABLE! A 0% interest Vendor Take-Back (VTB) mortgage is available for a term of up to six months, subject to mutually agreeable terms and conditions. An outstanding opportunity for builders, developers and investors to capitalize on a versatile, multi-lot residential development with substantial density potential, multiple revenue strategies and attractive short-term financing.

MLS® NumberX14103826

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

Last Sold Price

----

Appreciation

Avg. Days Listed

Today, For Sale for $1

For Sale · 18 days

MLS® X14103826

18 days ago

Not Sold Yet

July 2027, Withdrawn for $2,625,000

Withdrawn · 296 days

$2,625,000

MLS® X13781320

In 8 months

Canceled on Jul 8, 2027

Jul 8, 2027, Canceled for $2,625,000

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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