Prime Real Estate Opportunity! This 8.73-acre parcel of land presents a prime development opportunity within the bustling limits of Peterborough. The property is ideally zoned for residential development, with approved plans (1997) for up to 140 units or the flexibility to construct 70 units per building across three storeys, with the potential to expand up to five storeys. The land's adjacency to a designated greenspace enhances its appeal, offering future residents the perfect blend of urban living and natural beauty. This proximity to greenspace ensures a tranquil setting, making it an attractive option for potential buyers or renters seeking a peaceful retreat within the city. Whether you are an investor looking to develop a residential complex or a developer seeking a substantial project, this property offers significant potential for growth and returns.
| Address |
1315 Parkhill Rd W |
| List Price |
$4,999,999 |
| Property Type |
Free |
| Type of Dwelling |
Detached |
| Style of Home |
2-Storey |
| Area |
Peterborough |
| Sub-Area |
Monaghan |
| Bedrooms |
4 |
| Bathrooms |
5 |
| Year Built |
31-50 |
| MLS® Number |
X8377238 |
| Listing Brokerage |
ONE PERCENT REALTY LTD.
|
| Postal Code |
K9J 6X4 |
| Tax Amount |
$12,470 |
| Tax Year |
2023 |
