Well-maintained industrial building, fully leased on a triple-net basis, offering an excellent investment opportunity. The property enjoys high visibility facing The Parkway, with approximately 22,000 vehicles passing the location daily. Zoned M3.2 Industrial, the property offers a wide range of permitted uses and is easily accessible via Kingsway Court. The industrial area features a 10' x 10' overhead door, a 10' x 12' overhead door, and a 6-foot wide double door for service delivery and access, along with a fenced compound suitable for a C-container. The inside office space includes a boardroom equipped with a projector and screen, an enclosed whiteboard, and multiple separate offices. The building is equipped with 3-phase, 650-volt electrical service, multiple panels, two transformers, a natural gas backup generator with automatic transfer switching, and pre-wired Ethernet cabling. The property has high-efficiency furnaces, a rooftop unit, and gas radiant heaters in the rear portion of the building. Additional features include high-efficiency lighting, an automatic lawn sprinkler system, a security system, and three washrooms, including one with a shower. This excellent south-end location with easy access to the Parkway and Highway 115 makes this a strong opportunity for investors. (id:66096)
Property Details
MLS®
X13661832
Property Type
Industrial
Zoning
M3.2
Interior Size
18,156 ft²
Lot Size
115 × 215 ft (24,585 sq ft)
Frontage
115 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$24,564.89/yr
Listed
85 days ago
Features
Lot Features
Irregular lot size
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
85d
Peterborough (Otonabee Ward 1) listings, avg age
62d
Price / ft²
$162
List price
$2.95M
Long Listed: 85 days on market, against an average age of 62 days across the listings currently for sale in this city
Market timing · days on market0 → 62d avg age of current listings
Long Listed · day 85
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 industrial in Peterborough (Otonabee Ward 1) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by Century 21 United Realty Inc. · Dave Haacke
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K9J)
This home lists at $2,950,000, about 40.7× the local median household income of $72,500.
Carrying it typically needs a household income of about $576,238 (20% down, 25-yr amortization, stress-tested) — roughly 695% 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)
$2,950,000· $162/ft²
For sale
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