Welcome to this remarkable [] land located in the coveted neighborhood of Town Ward 3. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
539 George Street North, a prime multi-residential development site locate in the heart of downtown Peterborough. The 0.59-acre parcel is zoned for a six-storey purpose-built rental building comprising 95 residential suites and 2,717 sq. ft of ground-floor retail, with 32 parking stalls and 10 affordable housing units. The property offers significant value through available incentives, including exemption from development charges until January 2027 and eligibility for the Brownfield Tax Incentive Program (BTIP) and Central Area Revitalization Grant Program (TARP). Key technical reports-including geotechnical, environmental, archaeological, and stormwater management-have been completed, positioning the project to advance efficiently toward Site Plan Agreement. Ideally situated between London Street and McDonnel Street, the site is within walking distance to Peterborough City Hall, Confederation Square, and the Peterborough Armory, and offers convenient access to Trent University and Fleming College, supporting strong and diverse rental demand
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Data-driven valuation for 539 George Street, Peterborough, ON K9H 3S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
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