432 George Street, Peterborough, ON K9H 3R5

Peterborough K9H 3R5 Ontario

MLS: X12023570

$1,250,000

Added 39 days ago | For Sale

Listed by: ROYAL LEPAGE PROALLIANCE REALTY

About Property

This stunning and classic 3-storey century building is ideally located on Peterborough's main thoroughfare, right in the heart of downtown. Boasting beautiful large display bay windows offering plenty of natural light. The main floor retail space has been thoroughly renovated and currently is occupied by a Pharmacy (on a 10-year lease). Additionally, there are three renovated, residential apartments. Unit 1 features two levels, two bedrooms, one bathroom and a private patio. Unit 2 features one bedroom and one bathroom. Unit 3 features one bedroom, one bathroom and a beautiful deck. The dry basement is used for storage space by the Pharmacy. With its Heritage Designation, this property enjoys significant reductions in property taxes.There is additional income from the rented Billboard sign on the North-side of the building. Parking for 2 in the back parking lot is included. Don't miss this excellent opportunity to invest in a classic building in downtown Peterborough's landscape!! **EXTRAS** The 2024 Taxes are $9,342.67 Less A Heritage Tax Credit of $2,851.61. BIA Tax is $358.42

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 23.08 X 115.58
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:George St & Brock St
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $9342.67
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12023570

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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