1400 Monaghan Road Peterborough (Town Ward 3), Ontario K9J 5M5
$1
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. (id:43681)
房源概要
| MLS® Number | X14103826 |
| 房源类型 | Vacant Land |
| 社区名字 | Town Ward 3 |
详 情
土地
| 英亩数 | 无 |
| 土地深度 | 176 Ft ,2 In |
| 土地宽度 | 225 Ft ,1 In |
| 不规则大小 | 225.13 X 176.2 Ft ; 5 Building Lots |
| 规划描述 | Rl - 4 Units Per Lot |
设备间
| 有线电视 | 可用 |
| 配电箱 | 可用 |
| 污水道 | 可用 |
https://www.realtor.ca/real-estate/30429548/1400-monaghan-road-peterborough-town-ward-3-town-ward-3
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Toronto Real Estate Board
RE/MAX Your Community Realty
October 21 2026 08:09:29
