$ 1,985,000
1139 Water ST Peterborough, ON K9H 3P8
Save 
Share Schedule a Tour
REQUEST A TOUR
In-PersonVirtual Tour
REQUEST A TOUR
In-PersonVirtual Tour
$ 1,985,000
Est. payment | /mo
$ 1,985,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9355980
Annual Tax Amount $10,058
Tax Year 2023
Property Description
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.
Location
Province ON
County Peterborough
Area Otonabee
Exterior
Utilities Available Available
Listed by CITYSCAPE REAL ESTATE LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN