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Last Updated : 654 Days ago
550-570 Maniece Ave, Peterborough, Ontario, Ashburnham

550-570 Maniece Ave, Peterborough MLS Number: X8438808

Ashburnham, Peterborough, ON, K9J 6X9

$3,500,000

Status: OFF MARKET

  • Property Type: Commercial (Land)
  • Property Taxes : $11916.83 (Tax Year:2023)
  • Listing Courtesy : Lennard Commercial Realty

550-570 Maniece Ave Property Description

Prime vacant land for future development in Peterborough's urban boundary. The property has undergone planning review including a draft plan submission to the City of 55 single detached units over approximately 10.65 acres of Developable Land Area. The existing draft plan is ready for resubmission by a builder looking for a reduced development timeline and a faster ROI, or ready to be redlined and reimagined with higher density in line with the City's 2023 official plan. According to Statistics Canada, the Peterborough census metropolitan area had its second highest annual population increase of the past two decades in 2021-22. This growing demand for housing offers the opportunity for a builder/developer to participate in shaping the City's expansion. Services would be extended from Ashburnham Drive for this development primed land in east Peterborough, benefiting from close proximity to the City's downtown amenities and infrastructure.

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550-570 Maniece Ave Property Facts

Property Type :Commercial
MLS Number :X8438808
Listing Type :Sale
Possession Date :
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Last Updated :13 Jun, 2024 (654 Days ago)
Source :TRREB
Area :Peterborough
Postal Code : K9J 6X9
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550-570 Maniece Ave Property Price & Tax Insights

Price : $3,500,000
Property Taxes :$11916.83
Tax Year :2023

550-570 Maniece Ave, Peterborough Property Details

Cross Street :Television Rd Maniece Ave

550-570 Maniece Ave, Peterborough - Price History

2024-06

13 Jun, 2024

TREB #X8438808

Available

$3500000.0

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