550 & 570 Maniece Avenue

$3,500,000
±20 Acres (±10.65 Acres Developable) Land in Peterborough
  • 550 570 Maniece Avenue Property Outline with zoom in of historic Welland Canal Lift Lock
    For Sale: Land
  • Outline of Welland and subject property
    For Sale: Land
  • Concept Plan for 550 & 570 Maniece Avenue
    For Sale: Land
  • 550 & 570 Maniece Avenue Property Outline
    For Sale: Land
  • Welland Canal Lift Lock with close proximity to subject property
    For Sale: Land

44.3066647, -78.2905574

Main Intersection
Maniece Avenue & Television Road
Location
Peterborough
Address

550 Maniece Avenue
Peterborough ON K9J 6X9
Canada

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Listing Agents

Broker Flyer
550 & 570 Maniece Avenue Flyer

Land Information

Total Size
±20 acres
Developable Acreage
±10.65 acres
Land Use Designation
Residential Designation & Natural Areas Designation
Zoning
A1 OT - Agricultural Zone
Frontage
443.5 ft & 493.5 ft
PIN #
281590028; 281590072
MLS Number(s)
X8438808
Property Highlights

Situated in the east side of the City of Peterborough, this is a residential development opportunity beside the city’s historic Lift Lock, and a short walk to Downtown Peterborough with its many amenities.

Details

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.