434 Edison Avenue, Peterborough, ON K9J 4G3

$179,900

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List Price
$179,900
Price Change
▼ $20,000 1784058851
MLS#
X13012710
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
Peterborough
Area
Peterborough
Neighborhood
Otonabee Ward 1
Subdivision
Lansdowne St/Monaghan Rd

Property Description

Your custom home journey starts at 434 Edison Avenue, a prime building lot situated right in the heart of Peterborough. This rare blank canvas offers the perfect opportunity to build new within a mature, family-friendly neighbourhood. Boasting a manageable 40 x 81 ft footprint with R1 zoning, this property is ideally suited for a single-family residence. Because a home previously sat on this site and was professionally removed with all necessary permits, it takes the guesswork out of your build. This history brings massive financial advantages to the buyer: services are already at the lot line, meaning absolutely no fees are needed to connect to water or sewer, and there are zero development fees to be paid to the city. Gas and hydro are also readily available, paving the way for a smooth, highly cost-effective construction process. Beyond the boundaries of the lot, the location is truly unbeatable. Nestled in an established community with quiet streets, you are just seconds away from major highways, public transit routes, and all essential amenities, including local shopping, schools, and parks. It perfectly balances residential charm with ultimate urban convenience. Whether you are a strategic investor looking to bank a high-quality piece of land or a future homeowner eager to design your dream layout from the ground up, this property is an exceptional opportunity that shouldn't be missed.

Additional Information

Taxes
$1,303
Waterfront Type
None

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Calculator source: Real Geeks

Listing courtesy of RE/MAX HALLMARK EASTERN REALTY.