1400 Monaghan Road, Peterborough

1400 Monaghan Road in Peterborough - 0 bedroom, 0 bathroom. Listed at $2,625,000.

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.

Property Details

• Property Type: Mortgage
• Parking: 0 space
• Property Taxes: $16,143.12/yr
• Neighbourhood: Town Ward 3
• Postal Code: K9J 5M5

View photos, details, and schedule a showing with Modern Solution Realty. 1% commission listing services available.