1400 Monaghan Road, Peterborough, ON
Property Highlights
Welcome to this remarkable vacant 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 $2,625,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 225 x 171 ft lot size
Description
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.
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Property Summary
This vacant land located at 1400 Monaghan Road, Peterborough is currently for sale and has been available on SousaSells for 0 days. This property is listed at $2,625,000 with an estimated mortgage of $8,738* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1400 Monaghan Road, Peterborough is in the Town Ward 3 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Town Ward 3, Peterborough.
- •Desirable Vacant Land architecture in Town Ward 3, Peterborough
First-time home buyers, professionals, or investors seeking value.
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Frequently Asked Questions about 1400 Monaghan Road, Peterborough, ON
Q.What is the asking price for 1400 Monaghan Road, Peterborough, ON ?
The current listing price for 1400 Monaghan Road, Peterborough, ON in Town Ward 3, Peterborough is $2,625,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 1400 Monaghan Road, Peterborough, ON ?
1400 Monaghan Road, Peterborough, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 1400 Monaghan Road, Peterborough, ON K9J 5M5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Peterborough, ON
For a property listed at $2,625,000 in Peterborough, the legal minimum down payment is $525,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $52,100 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $52,100.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.