1400 Monaghan RD, Peterborough, ON K9J 5M5
1400 Monaghan RD, Peterborough, ON K9J 5M5
1400 Monaghan RD, Peterborough, ON K9J 5M5
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Christine Domina

Christine Domina

+1(416) 873-4747
$2,625,000
Est. payment /mo
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Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Town Ward 3

MLS Listing ID X13671062

Annual Tax Amount $16,143

Tax Year 2026

Property Sub-Type Vacant Land

Property Description

Prime Infill & High-Density Opportunity! Located in Peterborough's sought-after Old West End, this versatile development site offers an immediate, low-risk project pipeline alongside significant long-term higher density upside. Investment Highlights: 1. Approved 5-Lot Severance: Ready for immediate development into five distinct residential parcels - 2 Monaghan Rd lots & 3 Homewood Ave lots. | 2. As-of-Right 20-Unit Potential: Utilize Ontario's multi-unit housing framework with as-of-right approval for a 4-plex on each parcel - ideal for a phased infill build. | 3. Increased Density: Option to purchase all 5 lots as a unified site with conceptual potential for up to 40 townhomes or a mid-rise residential complex of up to 116 units giving residents a unique opportunity to age in place. | Location & Market Drivers: Minutes from Peterborough Regional Health Centre, Trent University transit lines, downtown dining, and Jackson Park trails. Positioned in a high-demand rental market with historically low vacancy rates, making this an ideal acquisition for developers and investors alike.

Location

Province ON

County Peterborough

Area Peterborough

Rooms

Kitchen 0

Exterior

Waterfront Description None

Lot Frontage 225.0

Lot Depth 171.0

Others

ParcelsYN No

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Listed by Royal LePage Frank Real Estate

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor License ID: 9603994

Realtor License ID: 9603994

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