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.
MLS# | X9355980 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Sold Conditional |
Days On Site | 122 |
Listing Provided By | CITYSCAPE REAL ESTATE LTD. | Not Provided |
State | ON |
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County | Peterborough |
City | Peterborough |
Zip Code | K9H 3P8 |
Area | Otonabee |
Listing VS Median (in K9H 3P8) | |
Price: $1,985,000 low | high Med: $0 On Site: 122 low | high Med: |