$1,985,000
FOR SALE

Land

Lot: 176.75 x 240 ft
2023 Taxes: $10,058.78

1139 Water St
Peterborough, ON K9H 3P8 | Otonabee

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.
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Listed By CITYSCAPE REAL ESTATE LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9355980
Last Updated Sep 18, 2024
Property Summary
Property Type Land

More like this:
Category Designated
Legal Description LT 1, PL 229 & PT BLK B, PL 227 AS IN R100934 ; PE
Occupancy Vacant
Possession Date TBD
Taxes (2023) $10,058.78
Tax Type Annual
Directions/Cross Streets N/A
Neighbourhood Otonabee
Area Peterborough
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 176.75 x 240 ft
Chattels N
Days Open 7
LLBO N
Financial Statement N
Sewers Sanitary
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning R.5-352 - Residential District
Seller Property Info Statement N

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