317 Reid Street, Peterborough (Town Ward 3), Ontario, K9J3R2




$659,000
Peterborough
This office property in Peterborough is for sale offering roughly 2,508 sq ft of space.
Great opportunity to own a mixed use commercial / residential building in central downtown, across from Peterborough Cardiology Clinic. This updated building offers incredible rental opportunities, with a bright and spacious apartment and 2 commercial spaces, or is ideal for someone who wants to live upstairs, use the main floor office space, and rent out the studio. Equipped with a custom built professional audio/video studio. The studio was designed specifically for podcasts and broadcasts, complete with soundproofing and a curved full wall green screen. Second floor apartment rents for $1900 and the main floor is valued at $1750.Going rates for studio space are $60 per hour. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 229 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This office in Peterborough (Town Ward 3) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $659,000, about 9.1× the local median household income of $72,500.
Carrying it typically needs a household income of about $128,726 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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