1400 Monaghan Road
Peterborough, ON
- Land
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
- September 14, 2026
Price History
Listing history
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Property
- Lot Size
- 225 x 171 Feet
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Homewood Ave
- Zoning
- R1
- Parcel Number
- 280840006
- Possession
- Immediate
- Occupancy
- Vacant
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 Peterborough · last 12 months
- Median sold price
- $554,500
- Homes sold
- 1,040
- Median days on market
- 25
- Sale-to-list price
- 97.1%
Based on 1,040 recorded sales of commercial 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
Street View
Commercial figures
- Annual property tax
- $16,143
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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