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304-306 George Street N

Peterborough, ON K9J 3H2
  • $2,299,900
  • STATUS: Active Under Contract
  • ON SITE: 103 Days
  • MLS #: 40310139
Under Contract
UPDATED: 189 min ago
$2,299,900
  • 0
    BEDS
  • < 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,258
    SQFT
  • $126
    $/SQFT
Neighbourhood:
Type:
Commercial
County:
Area:

Description

Excellent investment opportunity for this 18,258 sq.ft. building located in the heart of downtown Peterborough. Low risk and great diversification with 8 separate units/tenants all paying affordable rents below market average. Substantial exposure with a large street frontage and a high traffic and pedestrian count. The building has a newer roof and majority of HVAC units have been replaced. The building has 9 separate hydro meters and gross income of $208,272. with a net of $149,685. Great opportunity to increase the rent/income. Mortgage available at 2.74%, call for details.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-11-29T00:21:56.357.
www.bluemountainproperty.ca/homes/132214417
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304-306 George Street N Peterborough, ON K9J 3H2

  • Price: $2,299,900
  • Status: Active Under Contract
  • On Site: 103 Days
  • Updated: 189 min ago
  • MLS #: 40310139
0
Beds
0
Baths
0
½ Baths
< 0.5
Acres
18,258
SQFT
$126
$/SQFT
Neighbourhood:
3 North
County:
Peterborough
Area:
Peterborough
Property Description
Excellent investment opportunity for this 18,258 sq.ft. building located in the heart of downtown Peterborough. Low risk and great diversification with 8 separate units/tenants all paying affordable rents below market average. Substantial exposure with a large street frontage and a high traffic and pedestrian count. The building has a newer roof and majority of HVAC units have been replaced. The building has 9 separate hydro meters and gross income of $208,272. with a net of $149,685. Great opportunity to increase the rent/income. Mortgage available at 2.74%, call for details.
Exterior Features

Acres Range < 0.5 Attached Garage YN No Carport YN No Commercial Doors Count 0 Construction Materials BrickCement Siding Docking YN No Door Features Doors Under 10 Ft Driveway Parking Street Parking Only Exterior Features Controlled EntryGrade LoadingPrivate Entrance Foundation Details Concrete PerimeterSlabNone Frontage Length 64.00 Frontage Type East Lot Features UrbanRectangularBusiness CentreCity LotHigh Traffic AreaPublic ParkingPublic TransitShopping Nearby Lot Size Area 0.16 Parking Features Public Pool Features None Road Frontage Type Municipal RoadYear Round Road Road Surface Type Paved View CityDowntown View YN True Waterfront YN No Window Features Display Window(S)

Interior Features

Basement Separate EntranceWalk-Out AccessNone Cooling Central Air Cooling YN No Fireplace YN No Heating Forced AirNatural Gas Heating YN Yes Interior Features High Speed InternetBoard RoomElevatorPublic WashroomsSeparate Heating ControlsSeparate Hydro MetersStorageStorefront Kitchens Total 0

Property Features

Assessment Year 2016 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street Charlotte St. / King St. Electric On Property YN Yes Exclusions Tenants Items Inclusions 9 Hvac Units Lot Depth 106 Net Income 149685 New Construction YN No Number Of Apartment Units 0 Property Sub Type Building And Land Sewer Sewer (Municipal) Transaction Type Sale Utilities Cable ConnectedCell ServiceElectricity ConnectedFibre OpticsNatural Gas ConnectedStreet LightsPhone ConnectedYes Water Source Municipal Zoning C-6

Listing information © 2022 Information Technology Systems Ontario.
Listing provided courtesy of Grant Gibson of Re/Max Eastern Realty Inc. Brokerage 178.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-11-29T00:21:56.357.
 
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