432 GEORGE STREET

Peterborough (Downtown), Ontario, K9H3R5, Canada

$1,399,000

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

Last updated on : Wednesday 16th of October 2024 10:40:49 AM

ADDRESS

Street : 432 GEORGE STREET

City : Peterborough (Downtown)

Province : Ontario

Country : Canada

Postal Code : K9H3R5

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PROPERTY SUMMARY

Property ID : X9379793

Building Type : Residential Commercial Mix

Property Type : Retail

Parking : 2

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