Salehian.com 647-325-5000

379 George Street N

Town Ward 3, Peterborough, K9H 3R2

$3,499,000

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  • 10 bathrooms

Listed 29 days ago · MLS® X13810098

About this home

Great Opportunity for Investors.One of the best and best-looking buildings in Peterborough, this prime, fully leased commercial asset is located in the heart of downtown. Municipal parking is conveniently located at the rear of the building. 379 George St N offers 15,845 SF plus a fully usable basement, positioned along one of the city's main commercial corridors with exceptional visibility and steady foot traffic. This is a rare opportunity to acquire a high-quality, income-producing downtown asset with immediate stability and long-term upside in one of Peterborough's most desirable commercial locations.The property features a heritage-designated storefront facade, combining historic charm with strong street presence. In addition, the building includes an existing elevator shaft, providing the opportunity for a new owner to install an elevator if desired adding future value and enhanced accessibility.The property is 100% leased with stable tenants, including Starks Barbershop, VR Play Arena, and Outpost Agency, with remaining lease terms of approximately 4, 3, and 1.5 years. All existing tenants have expressed willingness to renew at the end of their current lease terms, ensuring continued stability. This solid tenancy mix provides reliable, in-place income and long-term security. All units are separately metered (Hydro, Water, Enbridge gas), with tenants paying their own utilities, significantly minimizing landlord expenses. Strong net income (approx. $$$/month) Financial statements available upon signing a Confidentiality Agreement. Rare opportunity to acquire a stabilized, income-producing downtown asset with long-term upside potential in one of Peterborough's most desirable commercial corridors.

Details

Type
Commercial Retail
Lot
47 × 160 ft
Garage
None
Property tax
$30,302 (2026)
Neighbourhood
Town Ward 3
Municipality
Peterborough

Interior

Bathrooms
10 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Yes

Building and exterior

Building area
15,845 Square Feet

More

Possession
Immediate
Cross street
Hunter Street West

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: 6 grocery stores, 64 cafés and restaurants, 11 parks, 9 pharmacies. Nearest grocery: The Food Shop (100 m). Nearest park: Millennium Park (300 m).

Schools nearby

Elementary

  • Immaculate Conception Catholic Elementary School Catholic
    EQAO: Gr 6 reading 89%, math 39%    13 min walk
  • Kaawaate East City Public School
    EQAO: Gr 6 reading 85%, math 32%    1.3 km
  • The Children’s Montessori & Preparatory School Private1.5 km
  • Armour Heights Public School1.5 km

Secondary

  • Peterborough Alternative and Continuing Education7 min walk
  • St. Peter Catholic Secondary School Catholic
    EQAO: Gr 9 math 61%, literacy test 83%    1.9 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 K9H

Owners / renters
53% / 47%
Median household income
$64,000
Average age
44
Children under 15
13%
Homes
53% detached, 3% high-rise
Commute by transit
5%
Population
29,704

Languages spoken most at home besides English: Arabic 0.4%, Hindi 0.2%, Mandarin 0.2%, Korean 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 HOMELIFE/VISION REALTY INC..

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

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