1139 Water Street Peterborough, Ontario K9H 3P8


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:52603)

Property Details

MLS® Number X8298664
Property Type Vacant Land
Community Name Otonabee


Utility Water Municipal Water


Acreage No
Sewer Sanitary Sewer
Size Depth 240 Ft
Size Frontage 176 Ft
Size Irregular 176.75 X 240 Ft
Size Total Text 176.75 X 240 Ft
Zoning Description R.5-352 - Residential District


885 Plymouth Dr #2
Mississauga, Ontario L5V 0B5

(905) 241-2222
(905) 241-3333


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