Connie Huibers - Coldwell Banker Momentum Logo
$2,625,000
 $14,092 est/mo Sourced by Back At You

1400 Monaghan Road,Peterborough, ON K9J 5M5

Peterborough, ON K9J 5M5

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Description

Prime Infill & High-Density Opportunity! Located in Peterborough's sought-after Old West End, this versatile development site offers an immediate, low-risk project pipeline alongside significant long-term higher density upside. Investment Highlights: 1. Approved 5-Lot Severance: Ready for immediate development into five distinct residential parcels - 2 Monaghan Rd lots & 3 Homewood Ave lots. | 2. As-of-Right 20-Unit Potential: Utilize Ontario's multi-unit housing framework with as-of-right approval for a 4-plex on each parcel - ideal for a phased infill build. | 3. Increased Density: Option to purchase all 5 lots as a unified site with conceptual potential for up to 40 townhomes or a mid-rise residential complex of up to 116 units giving residents a unique opportunity to age in place. | Location & Market Drivers: Minutes from Peterborough Regional Health Centre, Trent University transit lines, downtown dining, and Jackson Park trails. Positioned in a high-demand rental market with historically low vacancy rates, making this an ideal acquisition for developers and investors alike.

Details

MLS #X13671062
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site14
Listing Provided ByRoyal LePage Frank Real Estate | X13671062 522709

Features

Acreage0.88
Water FrontNone

Taxes

Tax Annual Amount16143.12
Tax Legal DescriptionPt Blk Z P1 65 Amended By
Tax Year2026

Area Information

ProvinceON
RegionPeterborough
CityPeterborough
Postal CodeK9J 5M5
AreaTown Ward 3
Listing VS Median (in K9J 5M5)
Price:
$2,625,000
low | high
Med:
$0
On site:
14
low | high
Med:
Sourced by Back At You

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Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionPeterborough
CityPeterborough
Postal CodeK9J 5M5
AreaTown Ward 3
Listing VS Median (in K9J 5M5)
Price:
$2,625,000
low | high
Med:
$0
On site:
14
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.968M - $3.281M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
420 Albertus Ave Property Photo 1
$2,895
420 Albertus Ave
Peterborough, ON K9J 4Z8
Listing Updated: August 13, 2026 at 10:08:13 AM PDT

Connie Huibers - Coldwell Banker Momentum