See all 35 photos
35 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,400,000
Est. payment /mo
4 Beds
5 Baths
5 Acres Lot
UPDATED:
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
Read Less Info
Listed by ONE PERCENT REALTY LTD.