$7,249,000
For sale: Vacant Land

Prime 9.4-acre commercial/residential development site at Hwy. 401 Exit 525 in Trenton (Quinte West). Featuring approx 700+ ft. of footage on Trenton-Frankford Road with incredible views of the Trent River, this service-ready parcel is zoned commercial (including retirement housing) and supported for high-density, mixed-use development. A proposed concept includes 220 residential units, a 118-unit hotel, and ancilliary commercial space. Current zoning allows 40% coverage and 4 storeys, with municipal openness to 5-6 storey designs. Clean Phase I ESA complete, municipal services at lot line, and pre-consultation with municipal support makes permits possible quickly. High-profile location with immediate 401 access, adjacent to established commercial and residential growth, and minutes from CFB Trenton.
Sold data
Homes in Quinte West (Murray Ward) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 63, across 164 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $532,400.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 164 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$10,000,000
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