For Sale

0 Mervin Line, Cavan Monaghan, Ontario K9J 6Z9

$1,550,000

0 Mervin Line, Cavan Monaghan, Ontario K9J 6Z9 is For Sale and has a listing price of 1,550,000. The property is located in the Cavan Monaghan neighbourhood . It's been on the website for 1 Day.

  • Land
    Property Type
  • MLS ID: X12642742
  • Office Name ROYAL LEPAGE FRANK REAL ESTATE
Property Description

58.54 acre vacant land Airport industrial site next to the Peterborough airport and runways. This site is in the Cavan Monaghan township M5 Airport industrial zone for future airport related uses. It is adjacent to hangers and the main runway at the Peterborough airport. The Peterborough airport has the longest runway between Toronto and Ottawa and services many airport businesses including repair, restoration, painting as well as the Seneca College Flight School. Zoning allows many uses including accommodation, convention and trade centre and warehousing or offices as long as they are airport related. 2026 will bring an extension to one runway to 7000 feet and a new terminal building is being constructed. Arial maps, zoning maps, conservation mapping and other documentation including 2024 Phase I Environmental Report is available through the Listing Broker. This entire area including the airport is next to the Otonabee River and in the Otonabee region Conservation Area mapping region. The federal government has jurisdiction over airports and the lands surrounding. No survey available. **EXTRAS** Zoning, mapping, and other property documentation is available.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12642742
  • Price: $1,550,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 1876
  • Ref ID: X12642742
  • Dir / Cross St: Hwy #115, Airport Road
  • Status: Active
  • Tax Year: 2025
  • Property Type: Land
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
12/19/2025 X12642742 $1,550,000 For Sale - -
09/25/2024 X9366616 $1,550,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cavan Monaghan
  • $1,113,352 Average List Price
    based on 1 year
  • 34 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 130.01 % Up
  • Sold (12mo) 124
  • Rented (12mo) 14

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $19,362
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate/Flexible
  • Listing Entry Date: 19/12/2025 15:25:26
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