550 & 570 Maniece Avenue

$3,980,000
±20 Acres (±10.65 Acres Developable) Land

44.3052744, -78.294741

Main Intersection
Television Road & Maniece Avenue
Location
Peterborough
Address

550 & 570 Maniece Avenue
Peterborough ON K9J 6X9
Canada

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Land Information

Total Size
20.6 Acres
Zoning
A1 - OT
MLS Number(s)
X7227680
Property Highlights
  • 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 for 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