1400 Monaghan Road
Town Ward 3, Peterborough, K9J 5M5
Listed by REMAX YOUR COMMUNITY REALTY
$1
- 0 bedrooms
- 0 bathrooms
Listed today · MLS® X14103826
About this home
Prime Infill Development Opportunity - J & J Developments presents Peterborough's Desirable old West End! Exceptional residential development opportunity offering immediate building potential, flexible development configurations and significant long-term density upside. Located in Peterborough's established Old West End, this strategically positioned property features an approved 5FIVE-LOT severances, comprising 2 TWO-LOTS fronting Monaghan Road and 3 THREE-LOTS fronting Homewood Avenue. The 5 FIVE residential parcels offer as-of-right development potential for 20 residential units, consisting of 4 FOUR units per lot. Builders and investors can capitalize on Peterborough's strong rental demand and attractive market rental rates by developing income-producing rental units, or create 20 individually owned condominium units for resale, subject to condominium approvals. This flexibility offers multiple investment and exit strategies, including phased construction, long-term rental income or individual condominium sales. For larger-scale developers, the combined site offers conceptual redevelopment potential for approximately 40 town homes or a mid-rise residential complex of up to 116 units, subject to municipal planning approvals. Feasibility studies have already been completed! ATTRACTIVE VENDOR FINANCING AVAILABLE! A 0% interest Vendor Take-Back (VTB) mortgage is available for a term of up to six months, subject to mutually agreeable terms and conditions. An outstanding opportunity for builders, developers and investors to capitalize on a versatile, multi-lot residential development with substantial density potential, multiple revenue strategies and attractive short-term financing.
Details
- Type
- Vacant Land
- Lot
- 225.13 × 176.2 ft
- Kitchens
- 0
- Property tax
- $16,143 (2026)
- Neighbourhood
- Town Ward 3
- Municipality
- Peterborough
Building and exterior
- Faces
- East
Lot
- Size
- 225.13 × 176.2 ft (square)
- Acreage
- .50-1.99
More
- Possession
- TBD
- Cross street
- Monaghan Rd and Homewood Ave
History of this address
7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 2 grocery stores, 2 cafés and restaurants, 3 parks, 4 pharmacies. Nearest grocery: Charlotte Pantry (700 m). Nearest park: Manor Heights Park (400 m).
Schools nearby
Elementary
- Queen Mary Public School
EQAO: Gr 6 reading 68%, math 29%3 min walk - Prince of Wales Public School
EQAO: Gr 6 reading 83%, math 33%11 min walk - St. Teresa Catholic Elementary School Catholic
EQAO: Gr 6 reading 79%, math 59%17 min walk - Westmount Public School
EQAO: Gr 6 reading 90%, math 57%1.2 km
Secondary
- St. Peter Catholic Secondary School Catholic
EQAO: Gr 9 math 61%, literacy test 83%10 min walk - Peterborough Alternative and Continuing Education1.4 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K9J
- Owners / renters
- 62% / 38%
- Median household income
- $72,500
- Average age
- 44
- Children under 15
- 15%
- Homes
- 62% detached, 10% high-rise
- Commute by transit
- 2%
- Population
- 44,547
Languages spoken most at home besides English: Arabic 0.4%, Spanish 0.2%, Gujarati 0.2%, Hindi 0.2%.
Safety
Crime Severity Index for Peterborough police: 68 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by REMAX YOUR COMMUNITY REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.