- For Sale $1
- Property Type VacantLand
- Lot Size 0.73 Acre
- Date Updated May 15, 2026
Description
Prominently positioned directly across from Peterborough City Hall, the property benefits from immediate adjacency to key city buildings, including municipal offices, institutional uses, and government services that anchor the downtown core.
The surrounding area is characterized by a strong mix of civic, commercial, and service-oriented uses, creating consistent daytime activity and long-term stability. The site’s central location provides walkable access to restaurants, retail, transit, and essential services, making it a focal point within the city’s urban structure.
As part of the Strategic Growth Area – Downtown Core, the location is a priority for ongoing investment and intensification, reinforcing its importance within Peterborough’s long-term growth strategy. The immediate proximity to civic infrastructure and established amenities positions the property as a highly visible and accessible redevelopment site within the city’s primary node.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.
Highlights
- Ability to advance redevelopment in core urban node
- Adjacent to key municipal and institutional buildings
- Blank slate redevelopment opportunity
- Central downtown location with strong fundamentals
- Located within Strategic Growth Area – Downtown Core
- Prominent site across from City Hall
- Vacant site with all buildings demolished
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Contacts
Jacob Vanderbreggen
Royal LePage® Real Estate Services Ltd.
Location
Located at 120 Murray Street, Peterborough, ON K9H 2, this property is part of the Downtown Peterborough neighborhood.
Contact Listing Broker
Jacob Vanderbreggen
Royal LePage® Real Estate Services Ltd.