Peterborough, ON K9H 3P8,1139 Water ST
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1139 Water ST Peterborough, ON K9H 3P8


UPDATED:

02/18/2025 03:57 PM

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Otonabee

MLS Listing ID X9355980

Annual Tax Amount $10,058

Tax Year 2023

Property Sub-Type Land

Property Description

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.

Location

Province ON

County Peterborough

Community Otonabee

Area Peterborough

Zoning R.5-352 - Residential District

Exterior

Utilities Available Available

Lot Frontage 176.75

Lot Depth 240.0


Listed by CITYSCAPE REAL ESTATE LTD.
agent

Dario Zecevic

Broker | License ID: OM17430

+1(647) 285-7746

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1139 Water ST