Refine Search
Sort by
$2,625,000
X13671062 MLS
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.

1400 Monaghan Road, Peterborough

$179,900
X13012710 MLS
Your custom home journey starts at 434 Edison Avenue, a prime building lot situated right in the heart of Peterborough. This rare blank canvas offers the perfect opportunity to build new within a mature, family-friendly neighbourhood. Boasting a manageable 40 x 81 ft footprint with R1 zoning, this property is ideally suited for a single-family residence. Because a home previously sat on this site and was professionally removed with all necessary permits, it takes the guesswork out of your build. This history brings massive financial advantages to the buyer: services are already at the lot line, meaning absolutely no fees are needed to connect to water or sewer, and there are zero development fees to be paid to the city. Gas and hydro are also readily available, paving the way for a smooth, highly cost-effective construction process. Beyond the boundaries of the lot, the location is truly unbeatable. Nestled in an established community with quiet streets, you are just seconds away from major highways, public transit routes, and all essential amenities, including local shopping, schools, and parks. It perfectly balances residential charm with ultimate urban convenience. Whether you are a strategic investor looking to bank a high-quality piece of land or a future homeowner eager to design your dream layout from the ground up, this property is an exceptional opportunity that shouldn't be missed.

434 Edison Avenue, Peterborough