In the heart of an established residential community, this remarkable property offers an unparalleled investment potential. Located directly across from Fleming College & adjacent to a neighborhood strip plaza, convenience and accessibility are its appeal. Boasting a coveted zoning for 56 residential units, this property presents a canvas for developers & investors to complete a vibrant living space that integrates into the fabric of the community. With services and building plans readily available; the groundwork for a thriving residential enclave is already in place. Strategically positioned with easy access to the increased activity of Peterborough Airport & the seamless connectivity of Highway 115, residents will enjoy unparalleled convenience and accessibility to major transportation hubs. Moreover, proximity to major shopping centers ensures that daily amenities are always within reach. This is an ideal student residence or multi-residential development opportunity.