Exceptional mixed use investment opportunity in the heart of downtown Peterborough featuring 5 retail units, 4 leased units (most with long term tenants) and 1 vacant unit, plus 3 partially completed residential units consisting of 19 rooms. Each residential unit includes its own common area and laundry facilities. The residential component features 8 rooms on the lower level and 11 rooms on the upper level, with every room equipped with independent climate control. Highly visible commercial frontage on George Street with excellent pedestrian and vehicle exposure. The residential portion offers excellent potential for student housing, affordable housing, office use, or coworking. A contractor familiar with the project is available to complete the remaining work, or buyers may use their own contractor. Seller is highly motivated.
Address
304-306 George Street N
List Price
$2,999,999
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Peterborough
Sub-Area
Town Ward 3
Lot Size Source
MPAC
Lot Depth
113.71
Lot Type
Building
Lot Size Units
Feet
Lot Width
61.91
Parcel Number
281370046
Total Building Area
19430
Occupant Type
Tenant
Cross Street
George St & Charlotte St
MLS® Number
X13623232
Listing Brokerage
REALTY WEALTH GROUP INC.
Postal Code
K9J 3H2
Posession Details
Immediate
Tax Amount
$37,265.00
Tax Year
2026
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No
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