1139 Water Street Peterborough, Ontario K9H 3P8
$1,985,000
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:50886)
Property Details
| MLS® Number | X9355980 |
| Property Type | Vacant Land |
| Community Name | Otonabee |
Building
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 240 Ft |
| SizeFrontage | 176 Ft ,9 In |
| SizeIrregular | 176.75 X 240 Ft |
| SizeTotalText | 176.75 X 240 Ft |
| ZoningDescription | R.5-352 - Residential District |
https://www.realtor.ca/real-estate/27437209/1139-water-street-peterborough-otonabee-otonabee
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Kiki Mehat
Salesperson
885 Plymouth Dr #2
Mississauga, Ontario L5V 0B5
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October 16 2024 06:57:31
Toronto Real Estate Board
Cityscape Real Estate Ltd.