Size
-
Lot size
-
Street frontage
-
Possession
2026-10-02
Price per sqft
-
Taxes
$16,143.12 (2026)
Parking Type
-
Style
Other
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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.
Broker: Royal LePage Frank Real Estate
MLS®#: X13671062
Property details
Parking:
-
Parking type:
-
Property type:
Vacant Land
Heating type:
-
Style:
Other
MLS Size:
-
Lot front:
225 Ft
Lot depth:
171 Ft
Listed on:
Aug 13, 2026
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