Listed for:Listed Sep 14, 2026
$2,625,000

1400 Monaghan Road

Peterborough (Town Ward 3), ON K9J 5M5

Vacant Land For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 1400 Monaghan Road, Peterborough, Town Ward 3

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1400 Monaghan Road, Peterborough, Town Ward 3

Summarized Description

  • Located in Peterborough's Old West End.
  • Approved for immediate development into five parcels.
  • Potential for 20 residential units with as-of-right approval.
  • Opportunity for up to 40 townhomes or 116 units.
  • High-demand rental market with low vacancy rates.
  • Minutes from health centre, university, and downtown.
  • Ideal for developers and investors seeking growth.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$16,143
Land Transfer Tax Fee
$52,100

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Land

Lot

Lot Front
225.00 ft
Lot Depth
171.00 ft
Lot Size
0.9
Lot Shape
Rectangular

Heating & Cooling

Water
None
Sewers
None

Municipality
Peterborough
Neighbourhood
Town Ward 3
Main cross streets
Homewood Ave
Zoning
R1
Directions
Monaghan Road & Homewood Ave

MLS® number
X13781320
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-14
Updated on
2026-09-25
Days on market
32 days
Possession date
2026-10-02
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE FRANK REAL ESTATE

Home Market Value

Current home valuation for 1400 Monaghan Road, Peterborough, Town Ward 3, Peterborough, ON. Listed for $2,625,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 1400 Monaghan Road, Peterborough, Town Ward 3

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Peterborough, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$525,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$2,100,000$1,968,750$1,837,500$1,706,250
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$10,253monthly$9,612monthly$8,972monthly$8,331monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$52,100

Total Land Transfer Tax

$52,100

Around this home

7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
Loading map...
5.2 /10

Queen Mary

Public·elementary·190m

2.1 /10

Prince of Wales

Public·elementary·700m

6.7 /10

St. Peter's

Private·secondary·760m

6.1 /10

St Teresa's

Private·elementary·1.1km

6.3 /10

Westmount

Public·elementary·1.3km

3.8 /10

Highland Heights

Public·elementary·1.6km

6.6 /10

Monseigneur-Jamot

Private·elementary·French·1.9km

3.6 /10

Keith Wightman

Public·elementary·1.9km

2.4 /10

St Alphonsus

Private·elementary·2.0km

4.5 /10

St Anne

Private·elementary·2.1km

4.9 /10

Immaculate Conception

Private·elementary·2.1km

5.5 /10

Queen Elizabeth

Public·elementary·2.3km

6.3 /10

St Catherine

Private·elementary·2.5km

4.4 /10

St John

Private·elementary·2.5km

5.4 /10

Kaawaate East City

Public·elementary·2.6km

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.