Skip To Content

304-306 N George St

Peterborough, ON K9J 3H2
  • $2,299,900
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: X5734832
UPDATED: 216 min ago
$2,299,900
  • 0
    BEDS
  • N/A
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
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 & 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 & Pedestrian Count. The Building Has A Newer Roof & Majority Of Hvac Units Have Been Replaced. The Building Has 9 Separate Hydro Meters & Gross Income Of $208,272 With A Net Of $149,685. Great Opportunity To Increase The Rent/Income.

Extras: Mortgage Available At 2.74%, Call For Details

Monthly Payment Calculator

Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Sotheby's International Realty Canada. 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 purpose or any other purpose. Date last updated: 2022-11-28T21:40:59.827.
www.bluemountainproperty.ca/homes/132218037
Print Image

304-306 N George St Peterborough, ON K9J 3H2

  • Price: $2,299,900
  • Status: Active
  • On Site: 103 Days
  • Updated: 216 min ago
  • MLS #: X5734832
0
Beds
10
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Downtown
County:
Ontario
Area:
Peterborough
Property Description
Excellent Investment Opportunity For This 18,258 Sq.Ft. Building Located In The Heart Of Downtown Peterborough. Low Risk & 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 & Pedestrian Count. The Building Has A Newer Roof & Majority Of Hvac Units Have Been Replaced. The Building Has 9 Separate Hydro Meters & Gross Income Of $208,272 With A Net Of $149,685. Great Opportunity To Increase The Rent/Income.

Extras: Mortgage Available At 2.74%, Call For Details
Exterior Features

Area Influences Public Transit Freestanding Yes Garage Type None Lot Depth 106.00 Lot Front 64.00 Lot Size Code Feet

Interior Features

Air Conditioning Y Elevator Public Heat Type Gas Forced Air Open Retail Area 18258 Retail Area Code Sq Ft Total Area 18258.00 Total Area Code Sq Ft

Property Features

Assessment 995000 Assessment Year 2016 Category Multi-Use Commercial Type Commercial/Retail Cross Streets Charlotte Street Expenses Actual Or Estimated Est Gross Income Sales 208272 List Price Type For Sale Lot Code Lot Net Income Before Debt 149685 Occupancy Tenant Operating Expenses 58586 Sale Or Lease Sale Seller Property Info Statement No Sewer San+Storm Sprinklers N Tax Year 2022 Taxes 30495.00 Taxes Type Annual Use Other Utilities Y Water Municipal Year Expenses 2022 Zoning C-6

Listing courtesy of Re/Max Eastern Realty Inc., Brokerage.
Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Sotheby's International Realty Canada. 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 purpose or any other purpose. Date last updated: 2022-11-28T21:40:59.827.
 
https://bt-photos.global.ssl.fastly.net/toronto/orig_boomver_3_X5734832-2.jpg https://bt-photos.global.ssl.fastly.net/toronto/orig_boomver_3_X5734832-2.jpg https://bt-photos.global.ssl.fastly.net/toronto/orig_boomver_3_X5734832-2.jpg
Logo
Sotheby's International Realty Canada
243 Hurontario Street
Collingwood ON, L9Y 2M1