1400 Monaghan Road
Peterborough, ON
- Vacant Land
- 39 days on market
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.
Listing Details
- Taxes (2026)
- $16,143
- Listed
- August 13, 2026
Price History
Listing history
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Property
- Lot Size
- 225 x 171 Feet
Location & Legal
- Cross Street
- Homewood Ave
- Parcel Number
- 280840006
- Possession
- Flexible
- Occupancy
- Vacant
Schools
Elementary
- Queen Mary Public School0.2 km
Public · Kawartha Pine Ridge DSB · 370 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 29% met the provincial standard
- Prince of Wales Public School0.6 km
Public · Kawartha Pine Ridge DSB · 555 students
Grade 3 reading: 49% met the provincial standard · Grade 6 math: 33% met the provincial standard
- St. Teresa Catholic Elementary School1.1 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 300 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 59% met the provincial standard
Secondary
- St. Peter Catholic Secondary School0.8 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 1035 students
Grade 10 literacy: 83% met the provincial standard
- Peterborough Collegiate and Vocational School1.4 km
Public · Kawartha Pine Ridge DSB · 385 students
- ÉSC Monseigneur-Jamot2.6 km
French Catholic · CS catholique MonAvenir
Grade 10 literacy: 81% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Peterborough · last 12 months
- Median sold price
- $555,000
- Homes sold
- 1,037
- Median days on market
- 25
- Sale-to-list price
- 97.2%
Based on 1,037 recorded sales of residential freehold properties in Peterborough over the last 12 months.
Listed by
Royal LePage Frank Real Estate
Walk Score
Walk Score is unavailable for this address right now.
Location
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Mortgage Calculator
$525,000
Estimated Monthly Payment
$12,896
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $12,896/mo (20% down, 5.5%)
Taxes: $1,345/mo · Insurance: $656/mo
Estimates only. Consult a financial advisor.
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