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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:51158)
| MLS® Number | X9355980 |
| Property Type | Vacant Land |
| Community Name | Otonabee |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 240 Ft |
| Size Frontage | 176 Ft ,9 In |
| Size Irregular | 176.75 X 240 Ft |
| Size Total Text | 176.75 X 240 Ft |
| Zoning Description | R.5-352 - Residential District |
3 public & 4 Catholic schools serve this home. Of these, 6 have catchments. There is 1 private school nearby.
3 playgrounds, 2 trails and 3 other facilities are within a 20 min walk of this home.
https://www.realtor.ca/real-estate/27437209/1139-water-street-peterborough-otonabee-otonabee
Get More info About:1139 Water Street Peterborough (Otonabee), Mls# X9355980
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