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. |
Price | $1,985,000 |
Minimum Rental Term: | 0 |
Maximum Rental Term: | 0 |
Taxes: | $10058.78 |
Tax Type: | Annual |
Occupancy by: | Vacant |
Address: | 1139 Water St , Peterborough, K9H 3P8, Ontario |
Postal Code: | K9H 3P8 |
Province/State: | Ontario |
Legal Description: | LT 1, PL 229 & PT BLK B, PL 227 AS IN R1 |
Lot Size: | 176.75 x 240.00 (Feet) |
Directions/Cross Streets: | N/A |
Category: | Designated |
Building Percentage: | Y |
Total Area: | 0.00 |
Total Area Code: | Sq Ft |
Financial Statement: | N |
Chattels: | N |
Franchise: | N |
Days Open: | 7 |
Employees #: | 0 |
LLBO: | N |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CITYSCAPE REAL ESTATE LTD. |
|
Book Showing | Email a Friend |
Type: | Com - Land |
Area: | Peterborough |
Municipality: | Peterborough |
Neighbourhood: | Otonabee |
Lot Size: | 176.75 x 240.00(Feet) |
Tax: | $10,058.78 |