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1139 WATER STREET Peterborough

1139 WATER STREET, Peterborough, Ontario

$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. (id:23309)

  • Listing ID: X9355980
  • Property Type: Vacant Land

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Details

  • Transaction: For sale
  • Zoning Description: R.5-352 - Residential District

Building

  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 176 ft ,9 in
  • Size Irregular: 176.75 x 240 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1139 WATER STREET in Peterborough Ontario. It was last modified on September 18th, 2024. Contact Scott Brubacher to schedule a viewing or to discover other Peterborough properties for sale.

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