0 Mervin Line, Cavan Monaghan, ON K9J 6Z9
$1,550,000
$1,550,000
MLS®#:
X12642742
Property Type:
Land
Property Style:
Area:
Peterborough
Community:
Cavan-Monaghan
Taxes:
$19,362 / 2025
Added:
December 19 2025
Lot Frontage:
1839
Lot Depth:
1876
Status:
Active
Outside:
Year Built:
Brokerage:
ROYAL LEPAGE FRANK REAL ESTATE
Lot :

1876

1839

BIG LOT

Lot Irregularities:
No civic number on the property yet
Intersection:
Hwy #115, Airport Road
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
None
Cooling:
No
Heating Type:
None
Heating Fuel:

Listing Details

58.54 acre vacant land Airport industrial site next to the Peterborough airport and runways. This site is in the Cavan Monaghan township M5 Airport industrial zone for future airport related uses. It is adjacent to hangers and the main runway at the Peterborough airport. The Peterborough airport has the longest runway between Toronto and Ottawa and services many airport businesses including repair, restoration, painting as well as the Seneca College Flight School. Zoning allows many uses including accommodation, convention and trade centre and warehousing or offices as long as they are airport related. 2026 will bring an extension to one runway to 7000 feet and a new terminal building is being constructed. Arial maps, zoning maps, conservation mapping and other documentation including 2024 Phase I Environmental Report is available through the Listing Broker. This entire area including the airport is next to the Otonabee River and in the Otonabee region Conservation Area mapping region. The federal government has jurisdiction over airports and the lands surrounding. No survey available. **EXTRAS** Zoning, mapping, and other property documentation is available.

N/A

Insights

  1. **Prime Location for Airport-Related Development**: The property is situated adjacent to the Peterborough airport, which has the longest runway between Toronto and Ottawa. This strategic location is ideal for businesses related to aviation, including repair, restoration, and training facilities.
  2. **Future Growth Potential**: With upcoming infrastructure developments, including a runway extension to 7000 feet and a new terminal building set for 2026, the property is positioned for significant appreciation in value and increased demand for airport-related services.
  3. **Flexible Zoning Options**: The property is zoned for a variety of uses, including accommodation, convention centers, and warehousing, as long as they are airport-related. This flexibility allows for diverse investment opportunities tailored to market needs.

Neighborhood Overview

Complete neighborhood profile for 0 Mervin Line

Cavan-Monaghan home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Cavan-Monaghan
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)