1139 Water Street, Peterborough | Image 1

1139 Water Street

Peterborough, Otonabee

  • Commercial

$1,985,000
For Sale

Added 3 months ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: R.5-352 - Reside

  • Age: No Data

  • Taxes: 10058.78

  • MLS®#: X9355980

  • Days on Site: 93 Days

  • Added: Sep 18, 2024 (3 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CITYSCAPE REAL ESTATE LTD.

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.

Property

  • Status: Sale

  • Property Type: Land

  • Property Type: Designated

  • Area: Peterborough

  • Community: Otonabee

  • Availability Date: TBD

Utilities

  • Utilities: Available

Building

  • Freestanding: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 1, PL 229 & PT BLK B, PL 227 AS IN R100934 ; PE

  • Taxes: $10,059

  • Taxes Type: Annual

Land

  • Cross Street: N/A

  • Municipality District: Peterborough

  • Sewer: Sanitary

  • Lot Depth: 240 Feet

  • Lot Frontage: 176.75 Feet

  • Zoning: R.5-352 - Reside

Commercial Specific

  • Total Area Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

  • LLBO: N

Map of 1139 Water Street, Peterborough
7-8

Adam Scott Intermediate School

Elementary: Public
0.94 km
JK-8

Queen Elizabeth Public School

Elementary: Public
1.70 km
JK-6

R F Downey Public School

Elementary: Public
1.38 km
JK-8

St. Paul Catholic Elementary School

Elementary: Catholic
0.82 km
JK-6

Edmison Heights Public School

Elementary: Public
0.40 km
JK-8

St. Anne Catholic Elementary School

Elementary: Catholic
1.84 km
9-12

ÉSC Monseigneur-Jamot

Secondary: Catholic
6.25 km
9-12

Peterborough Collegiate and Vocational School

Secondary: Public
2.94 km
9-12

Kenner Collegiate and Vocational Institute

Secondary: Public
6.36 km
9-12

Adam Scott Collegiate and Vocational Institute

Secondary: Public
0.98 km
9-12

Thomas A Stewart Secondary School

Secondary: Public
0.67 km
9-12

St. Peter Catholic Secondary School

Secondary: Catholic
3.74 km