Salehian.com 647-325-5000

283 George Street N

Town Ward 3, Peterborough, K9J 3H3

$499,800

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Listed 14 days ago · MLS® X13864408

About this home

Excellent investment opportunity! This well-maintained mixed-use commercial building offers high visibility, and long-term potential. The main floor features a versatile commercial space with a tenant already in place providing immediate rental income and stability. Above the commercial unit is a 2 bedroom residential apartment, offering additional revenue streams. Each unit is separately metered, and the building has been thoughtfully maintained, making it a turnkey addition to your portfolio. Located in a high-traffic area with great exposure, this property is close to amenities, transit, and downtown ideal for both business owners and investors. Don't miss your chance to own a prime commercial property with solid income and an established tenant already in place!

Details

Type
Store W Apt/Office
Lot
20.06 × 115 ft
Garage
None
Property tax
$9,059 (2026)
Neighbourhood
Town Ward 3
Municipality
Peterborough

Heating, cooling and services

Heating
Gas Forced Air Closed
Utilities
Yes

Building and exterior

Building area
1,005 Square Feet

More

Possession
Flexible
Cross street
King Street

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 5 grocery stores, 68 cafés and restaurants, 10 parks, 9 pharmacies. Nearest grocery: No Frills (200 m). Nearest park: Millennium Park (200 m).

Schools nearby

Elementary

  • Immaculate Conception Catholic Elementary School Catholic
    EQAO: Gr 6 reading 89%, math 39%    13 min walk
  • The Children’s Montessori & Preparatory School Private18 min walk
  • Prince of Wales Public School
    EQAO: Gr 6 reading 83%, math 33%    1.4 km
  • Kaawaate East City Public School
    EQAO: Gr 6 reading 85%, math 32%    1.4 km

Secondary

  • Peterborough Alternative and Continuing Education12 min walk
  • St. Peter Catholic Secondary School Catholic
    EQAO: Gr 9 math 61%, literacy test 83%    2.0 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K9J

Owners / renters
62% / 38%
Median household income
$72,500
Average age
44
Children under 15
15%
Homes
62% detached, 10% high-rise
Commute by transit
2%
Population
44,547

Languages spoken most at home besides English: Arabic 0.4%, Spanish 0.2%, Gujarati 0.2%, Hindi 0.2%.

Safety

Crime Severity Index for Peterborough police: 68 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Century 21 United Realty Inc..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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