1315 Parkhill RD W Active

Peterborough,ON K9J 6X4

$ 4400000

4 Beds

5 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Subdivision Monaghan

MLS Listing ID X12020784

Style 2-Storey

Bedrooms 4

Building Age 31-50

Annual Tax Amount $12,159

Tax Year 2024

Lot Size 5.000 Acres

Property Sub-Type Detached

Property Description

Prime Real Estate Opportunity! This 8.73-acre parcel of land presents a prime development opportunity within the bustling limits of Peterborough. The property is ideally zoned for residential development, with approved plans (1997) for up to 140 units or the flexibility to construct 70 units per building across three storeys, with the potential to expand up to five storeys. The land's adjacency to a designated greenspace enhances its appeal, offering future residents the perfect blend of urban living and natural beauty. This proximity to greenspace ensures a tranquil setting, making it an attractive option for potential buyers or renters seeking a peaceful retreat within the city. Whether you are an investor looking to develop a residential complex or a developer seeking a substantial project, this property offers significant potential for growth and returns.

Location

Province ON

County Peterborough

Community Monaghan

Area Peterborough

Rooms

Family Room Yes

Basement Unfinished

Kitchen 2

Interior

Interior Features None

Cooling Central Air

Exterior

Parking Features Circular Drive

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 400.0

Lot Depth 945.0

Total Parking Spaces 10

Building

Foundation Concrete

Others

Senior Community Yes

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