$199,000
33 Greenhill Drive N, Peterborough, ON K9J 6E2
Otonabee Ward 1
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY
Otonabee Ward 1 · K9J 4G3
$179,900
4 months on market
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.
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$199,000
Otonabee Ward 1
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 23% of comparable vacant land listings in Peterborough are asking less.
Based on 13 comparable active vacant land listings in Peterborough. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $179,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.