$1,299,000
For sale: Vacant Land

CORNER LARGE COMMERCIAL LOT * ATTENTION BUILDERS & INVESTORS!! * Next to Tim Hortons & LCBO Plaza * Offers ENDLESS POTENTIAL for COMMERCIAL AND RESIDENTIAL USES * Located at the intersection of MURPHY AND MIDDLE STREETS IN DOWNTOWN * Ideal for MIXED-USE DEVELOPMENT * The lot is suitable for a variety of possibilities, including a CHILD CARE CENTRE, PLACE OF WORSHIP, RETIREMENT HOME, and More! (CHECK ATTACHED DOWNTOWN COMMERCIAL BY-LAW FOR ALL PERMITTED USES) * Zoned C2-4, the property comes with a CONCEPT PLAN for a 6-STOREY BUILDING featuring 3 COMMERCIAL UNITS, 1 OFFICE RENTAL SPACE, and 47 RESIDENTIAL UNITS (7 TWO-BEDROOM + DEN, 34 TWO-BEDROOM, AND 6 ONE-BEDROOM UNITS), along with 51 PARKING SPACES * The lot is ALREADY PAVED and equipped with CITY WATER AND SEWER CONNECTIONS * Located in a PRIME AREA, it is just a 2-MINUTE WALK to TIM HORTONS, TACO TIME, LCBO, and within proximity to SHOPPERS DRUG MART, METRO, TRENTON MARINA, and the TRENT RIVER * The location ensures STEADY FOOT TRAFFIC from both locals and visitors, making it PERFECTLY SUITED FOR MIXED-USE DEVELOPMENT and offering DUAL INCOME STREAMS from commercial and residential spaces * Don't miss this extraordinary opportunity to build something remarkable in the heart of Downtown Trenton! Corner Of Murphy And Middle Street. The majority of the lot is paved and has parking for 40 vehicles. * City Water & Sewer Connections In Place * Bus Stop ID: 008 at Middle & Murphy is right next to the property line. * PRICED TO SELL! Offer Welcome Anytime * An incredible and rare corner development opportunity awaits in Downtown Trenton! PRICED TO SELL!
Sold data
Homes in Trenton Ward took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 52, across 51 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $429,900.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 51 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$1,320,000
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