Ball Real Estate Inc
Jayne Porter

Jayne Porter

Sales Representative
Cell: 416-435-2005
Office: 705-660-2255
MLS®: X13671062 Status: For sale

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$2,625,000
Location:

1400 Monaghan Road, Peterborough (town Ward 3) Ontario, K9J5M5

1400 Monaghan Road, Peterborough (town Ward 3) Ontario
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. (id:2471)
Property:
Type: Vacant Land
Lot Dimensions: 225 x 171 FTAcreage: 225 x 171 FT|1/2 - 1.99 acres
Structure:
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1400 Monaghan Road, Peterborough (town Ward 3) Ontario

BALL Real Estate Inc., Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005


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Listing Office: Royal LePage Frank Real Estate

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