For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Peterborough · Town Ward 3

1400 Monaghan Road

Vacant Land

MLS® #X14103826

Listed for$11 day on market

— bed — bath

New this week
3 schools within 1 km
Transit stop ~260 m

Free · about 10 seconds

Is $1 a fair price?

See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.

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On the map

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This home below comps above in lineOpen full map →

3 schools within ~1 km · nearest transit stop ~0.26 km

Property information

What house buyers ask first

Lot size: 225.13 × 176.2 ft
Property tax: $16,143 / yr

Property summary

Property type: Vacant Land
Style: Other
Lot size: 225.13 × 176.2 ft
Property tax: $16,143 / yr
MLS®: X14103826

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$599,900

Below recent sales

599 Gilmour Street

3 bed · 3 bath·1500-2000 sq ft·2 parking

Peterborough

Listed 43 days ago · Bowes & Cocks Limited

Detached

$649,900

Below recent sales

627 Gilmour Street

3 bed · 2 bath·1500-2000 sq ft·5 parking

Peterborough

Listed 15 days ago · Century 21 United Realty Inc.

Detached

$599,900

Below recent sales

1314 Monaghan Road

3+1 bed · 2 bath·1500-2000 sq ft·5 parking

Peterborough

Listed 3 days ago · RE/MAX Rouge River Realty Ltd.

Listing states: renovated

Detached

$585,000

Below recent sales

540 Charlotte Street

3 bed · 2 bath·1500-2000 sq ft·4 parking

Peterborough

Listed 37 days ago · Stoneguide Realty Limited

Detached

$475,000$499,900Price reduced from $499,900

Below recent sales

1518 Monaghan Road

2 bed · 1 bath·1100-1500 sq ft·3 parking

Peterborough

Listed 41 days ago · Exit Realty Liftlock

Detached

$399,999

Below recent sales

492 Hopkins Avenue

4 bed · 2 bath·1100-1500 sq ft·3 parking

Peterborough

Listed 15 days ago · Royal LePage Frank Real Estate

The numbers that matter

Property tax: $16,143/yr

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Queen Mary Public SchoolPublic · Elementary & Secondary · Kawartha Pine Ridge DSB0.2 km
Prince of Wales Public SchoolPublic · Elementary & Secondary · Kawartha Pine Ridge DSB0.7 km
St. Peter Catholic Secondary SchoolCatholic · Secondary · Peterborough Victoria Northum Clarington CDSB0.8 km
St. Teresa Catholic Elementary SchoolCatholic · Elementary & Secondary · Peterborough Victoria Northum Clarington CDSB1.1 km
Westmount Public SchoolPublic · Elementary & Secondary · Kawartha Pine Ridge DSB1.3 km
Peterborough Collegiate and Vocational SchoolPublic · Secondary · Kawartha Pine Ridge DSB1.3 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Charlotte at MonaghanNearest transit · Bus stop~260 m

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Peterborough

$546KMedian sold

34Median days on market

97.8%Sale-to-list

Median sold price · Peterborough1-yr +1% · 3-yr -7%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Peterborough

83,651Population (2021)

43.2Median age

$72,000Median household income

59.4%Home owners

40.6%Renters

2.3Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by REMAX YOUR COMMUNITY REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.