Overview

This office property in Peterborough is for sale offering roughly 2,000 sq ft of space. It has been on the market 9 days, fresher than the Peterborough average of 60 days.

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Description

Solid freestanding office building complemented by a full, finished basement offering additional office space, a kitchen and bathrooms. With its independent building presence and on-site parking, new AC system (2026), 600 amp electrical service, this property presents an attractive opportunity for professional offices, service-based businesses or investors seeking a versatile commercial property in the heart of Peterborough. Available for quick occupancy. (id:66096)

Property Details

MLS®: X14116794
Property Type: Office
Business Type: Other
Zoning: (C5-1122) Residential Zoned for Commercial Use
Bathrooms: 2
Interior Size: 2,000 ft²
Lot Size: 2,000 sq ft
Frontage: 103 ft
Building Area: 2,000 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $11,568.14/yr
Listed: 9 days ago

Market Timing

Days on market

Peterborough (Town Ward 3) listings, avg age

60d

Price / ft²

$400

List price

$799K

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.

Haho

This office in Peterborough (Town Ward 3) has been listed for 9 days, which is 51 days fresher than the city average of 60. Act while there is still low competition.

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Area context

Neighbourhood profile (K9J)

This home lists at $799,000, about 11.0× the local median household income of $72,500.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 115% above the area median.

Median household income: $72,500
Population: 44,547
Median age: 44
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K9J)

$799,000· $400/ft²

For sale

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Financing

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405 George Street South, Peterborough (Town Ward 3) - Office for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K9J)

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