1139 Water Street, Peterborough, ON K9H 3P8

Peterborough K9H 3P8 Ontario

MLS: X9355980

$1,985,000

Added 66 days ago | For Sale

Listed by: CITYSCAPE REAL ESTATE LTD.

About Property

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.

Features

  • House Style:Land
  • Bathrooms:
  • Land Size: 176.75 X 240
  • Water:Municipal
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:N/A
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $10058.78
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X9355980

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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