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0 Mervin Line

0 Mervin Line

Cavan Monaghan, ON

  • 58 sqft
  • Land
  • 265 days on market
$1,550,000

58.54 acre vacant land Airport industrial site next to the Peterborough airport and runways. This site is in the Cavan Monaghan township M5 Airport industrial zone for future airport related uses. It is adjacent to hangers and the main runway at the Peterborough airport. The Peterborough airport has the longest runway between Toronto and Ottawa and services many airport businesses including repair, restoration, painting as well as the Seneca College Flight School. Zoning allows many uses including accommodation, convention and trade centre and warehousing or offices as long as they are airport related. 2026 will bring an extension to one runway to 7000 feet and a new terminal building is being constructed. Arial maps, zoning maps, conservation mapping and other documentation including 2024 Phase I Environmental Report is available through the Listing Broker. This entire area including the airport is next to the Otonabee River and in the Otonabee region Conservation Area mapping region. The federal government has jurisdiction over airports and the lands surrounding. No survey available. **EXTRAS** Zoning, mapping, and other property documentation is available.

Listing Details

Taxes (2025)
$19,362
Listed
December 19, 2025

Price History

Property

Lot Size
1839 x 1876 Feet

Parking

Garage
None

Utilities

Sewer
None

Location & Legal

Cross Street
Hwy #115, Airport Road
Zoning
M5 Airport Industrial
Parcel Number
280310107
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Industrial
Office / Apartment Area
0 Sq Ft

Included

Inclusions
N/A
Exclusions
N/A
Rental Items
None

Community

Postal area K9J

Population
44,547
Private dwellings
19,998
Median age
44
Average household size
2.3
Median household income
$72,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Cavan Monaghan · last 12 months

Median sold price
$795,000
Homes sold
135
Median days on market
32
Sale-to-list price
100.7%

Based on 135 recorded sales of commercial properties in Cavan Monaghan over the last 12 months.

Listed by

ROYAL LEPAGE FRANK REAL ESTATE

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$19,362

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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