For Sale

1139 Water Street, Peterborough (Otonabee), Ontario K9H3P8

$1,985,000

1139 Water Street, Peterborough (Otonabee), Ontario K9H3P8 is For Sale and has a listing price of 1,985,000. The property is located in the Edmison Heights neighbourhood. It's been on the website for 65 Days.

  • Vacant Land
    Property Type
  • MLS ID: X9355980
  • Office Name CITYSCAPE REAL ESTATE LTD.
Property Description

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. (id:43137)

Property Details
  • MLS ID: X9355980
  • Price: $1,985,000
  • Transaction Types: For Sale
  • Ref ID: 27437209
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
09/18/2024 X9355980 $1,985,000 For Sale - -
05/02/2024 X8298664 $2,499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Edmison Heights
  • $665,151 Average List Price
    based on 1 year
  • 6 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.52 % Up
  • Sold (12mo) 19
  • Rented (12mo) 0

  • 1 Month Change -19.6%
  • 3 Month Change -1.4%
  • 6 Month Change +2.7%
Walkscore
Property Type Distribution
  • All Houses
    82.24%
  • Commercial
    11.18%
  • Condo
    6.58%
Additional Details
  • Sewers Sanitary Sewer
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 18/09/2024 00:00:00
  • Zoning Rh4
  • Agent Name: KIKI MEHAT
  • Last Updated: 16/10/2024 18:57:31
Open House Dates
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