Peterborough, Monaghan, K9K 0E1
$749,900
Listed by ROYAL LEPAGE FRANK REAL ESTATE.
This property offers an incredible opportunity for the family or developer. With over 3/4 of an acre, this property is private and enjoys all the conveniences of being in town. The original house and large two-storey addition provide plenty of room for a large family with 4 bedrooms upstairs. Huge eat-in kitchen, large dining room and den. All windows offer a private view of the huge property and abundance of perennial gardens. Easy access to miles of beautiful Trans-Canada trails. This would be a fantastic place to raise a family just as the current owner did after purchasing in 1976. With recent development in the area there is a huge potential for residential development of this property. Zoning is D2 and new city services have been brought to the lot line. It has been contemplated with a planning consultant that a reasonable re-development could accommodate approximately 22+ units with parking. Property currently serviced by drilled well and septic. Home inspection available and easy to show.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.