Prime vacant land for future development in Peterborough's urban boundary. The property has undergone planning review including a draft plan submission to the City of 55 single detached units over approximately 10.65 acres of Developable Land Area. The existing draft plan is ready for resubmission by a builder looking for a reduced development timeline and a faster ROI, or ready to be redlined and reimagined with higher density in line with the City's 2023 official plan. According to Statistics Canada, the Peterborough census metropolitan area had its second highest annual population increase of the past two decades in 2021-22. This growing demand for housing offers the opportunity for a builder/developer to participate in shaping the City's expansion. Services would be extended from Ashburnham Drive for this development primed land in east Peterborough, benefiting from close proximity to the City's downtown amenities and infrastructure. (35478417)
Property Type
Vacant Land
Annual Property Taxes
$11,916.83 (CAD)
Time on REALTOR.ca
12 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. The Canadian Real Estate Association does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.