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. (35136103)
Property Type
Vacant Land
Land Size
176.75 x 240 FT
Annual Property Taxes
$10,058.78 (CAD)
Time on REALTOR.ca
57 days
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