Prime Real Estate Opportunity! This 8.73-acre parcel of land presents a prime development opportunity within the bustling limits of Peterborough. The property is ideally zoned for residential development, with approved plans (1997) for up to 140 units or the flexibility to construct 70 units per building across three storeys, with the potential to expand up to five storeys. The land's adjacency to a designated greenspace enhances its appeal, offering future residents the perfect blend of urban living and natural beauty. This proximity to greenspace ensures a tranquil setting, making it an attractive option for potential buyers or renters seeking a peaceful retreat within the city. Whether you are an investor looking to develop a residential complex or a developer seeking a substantial project, this property offers significant potential for growth and returns.
For sale
C$4,400,000
1315 Parkhill Rd W, Peterborough, ON K9J 6N6
4beds
5baths
Single Family Residence
Built in ----
8.68 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 149 days
- on Zillow |
- 72 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: March 14, 2025 at 04:58pm
Listed by:
MIKE CARSTENSEN, Salesperson,
ONE PERCENT REALTY LTD.
Source: TRREB,MLS®#: X12020784
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- Forced Air, Propane
Cooling
- Central Air
Features
- None
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Living area range: 5000 + null
Property
Parking
- Total spaces: 10
- Parking features: Circular Driveway
- Has garage: Yes
Features
- Stories: 2
- Pool features: None
Lot
- Size: 8.68 Acres
Details
- Parcel number: 284720019
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Septic
- Water: Well
Community & HOA
Location
- Region: Peterborough
Financial & listing details
- Annual tax amount: C$12,159
- Date on market: 3/15/2025
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