120 MURRAY STREET, Peterborough (Town Ward 3)

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For sale: Vacant Land

Vacant Land at 120 MURRAY STREET, Peterborough (Town Ward 3)
Property type
Land
MLS®
MLS® X13118398
Neighbourhood
Town Ward 3

Power of sale offering for 120 Murray Street in Peterborough. Located within the Official Plan Strategic Growth Area - Downtown Core, the property supports redevelopment and intensification. The site is currently vacant with previous structures demolished, offering a true blank slate for a purchaser. A concept plan contemplates an 18-storey development comprising approximately 670 apartment units, subject to approvals. This is a rare opportunity to acquire a prominently located downtown site with the ability to advance a large-scale redevelopment project in a core urban node.

Sold data

Homes in Town Ward 3 — recent sold market

Homes in Town Ward 3 took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 139 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $475,000.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$475,000
Sale-to-list ratio
96.6%
Sold above asking
10%

Based on 139 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Peterborough (Town Ward 3)

Peterborough (Town Ward 3) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.

Rated schools
29
Elementary
23
Secondary
6
Average rating
5.2 / 10

Top-rated schools in Peterborough (Town Ward 3)

  • James Strath — elementary, PeterboroughFraser rating 7.5/10
  • St. Peter's — secondary, PeterboroughFraser rating 6.7/10
  • Edmison Heights — elementary, PeterboroughFraser rating 6.5/10
  • St Paul's — elementary, PeterboroughFraser rating 6.2/10
  • Holy Cross — secondary, PeterboroughFraser rating 6.1/10
  • St Anne — elementary, PeterboroughFraser rating 6.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 120 MURRAY STREET