Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

1400 Monaghan Road, Peterborough, ON K9J 5M5

Land
$2,625,000

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.

MLS number
X13781320
Type
Land
Status
Active
Bedrooms
0
Bathrooms
Postal code
K9J 5M5
Photos
8
Property tax
$16,143 / year
1days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Queen Mary Public School
Kawartha Pine Ridge DSB
Elementary217 m5.5 / 10
55% met the standard
Prince of Wales Public School
Kawartha Pine Ridge DSB
Elementary681 m5.4 / 10
54% met the standard
St. Peter Catholic Secondary School
Peterborough Victoria Northum Clarington CDSB
Secondary792 m7.2 / 10
72% met the standard · 2 of 6 measures
St. Teresa Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary1.1 km7.5 / 10
75% met the standard
Highland Heights Public School
Kawartha Pine Ridge DSB
Elementary1.6 km5.5 / 10
55% met the standard
Peterborough Collegiate and Vocational School
Kawartha Pine Ridge DSB
Secondary1.3 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 438 people.

$106,000Median household income
78%Own their home
81.1%Detached houses
46.8Median age
13.1%Born outside Canada
53.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150065 — the few blocks around this address, home to 438 people. It describes the area, not this property.

438Population
44.7Average age
2.3Household size
$133,000Average household income
$106,000Median household income
78%Own their home
22%Rent
0%Condominiums
13%Born outside Canada
53%University degree
$710,000Average home value
6%Low income
55%Not in the labour force
25%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$40,000 to $44,9994%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over36%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9997%
$200,000 and over15%

Percentages are of the 275 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$525,000 · minimum here is $525,000
$11,622.93per month
Borrowed before insurance$2,100,000
Total borrowed$2,100,000
Interest over 25 years at 4.5%$1,386,880

If you rented it out

-$12,968.18per month out of pocket
Rent$0.00
Everything it costs to hold$12,968.18
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal LePage Frank Real Estate. Listing data provided by the Toronto Regional Real Estate Board.