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$1,985,000
Available - For Sale
Listing ID: X9355980
Prime Development Land in Peterborough, Ontario nestled in close proximity to Trent University, this approximately 1-acre parcel of land is located across the street from Otonabee River offering amazing water views. Currently zoned residential lands allowing for a 6 story condo building or apartment building with 52 units and all surface parking. With an opportunity to convert to student housing (possibility for a head lease after built for every unit if student housing was built). Residential Zoning is already in place, streamlining the development process and ensuring a seamless transition from land to a bustling residential hub. Dont miss out on this rare opportunity to shape the future of Peterboroughs housing landscape. Whether you envision a student-centric complex, luxurious condos, or contemporary apartments, this land is primed for transformation. Lot size according to GeoWarehouse is: 42,420 Sqft.
Extras:   Several studies have already been completed, please see the list attached.
Price $1,985,000
Minimum Rental Term: 0
Maximum Rental Term: 0
Taxes: $10,058.78
Tax Type: Annual
Occupancy by: Vacant
Address: 1139 Water St , Peterborough, K9H 3P8, Ontario
Postal Code: K9H 3P8
Province/State: Ontario
Legal Description: LT 1, PL 229 & PT BLK B, PL 227 AS IN R1
Lot Size: 176.75 x 240 (Feet)
Directions/Cross Streets: N/A
Zoning: R.5-352 - Reside
Category: Designated
Building Percentage: Y
Total Area: 0
Total Area Code:  Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
Days Open: 7
Employees #: 0
LLBO: N
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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CITYSCAPE REAL ESTATE LTD.

1139 Water St , Peterborough, K9H 3P8, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Land
Area: Peterborough
Municipality: Peterborough
Neighbourhood: Otonabee
Style:
Lot Size: 176.75 x 240.00(Feet)
Approximate Age:
Tax: $10,058.78
Maintenance Fee: $0
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Garage: 0
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