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For saleMLS® E12199797

183 Queen Street, Scugog, ON L9L 1B8

Port Perry · L9L 1B8

$6,995,000

$301 / sq ft

17 months on market

Total area
23,262 sf
Lot
90.35 × 186.87 ft
Age
100+ years

What's special

  • Outside/surface garage
  • Yes

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About this property

PRICE REDUCED. A rare opportunity to acquire one of downtown Port Perry's most iconic landmark investment properties. This fully occupied mixed-use asset features six established commercial tenants and 11 residential apartment suites, offering immediate, stable cash flow. ---||--- Formerly known as the Settlement House, this distinguished heritage building is one of the most recognizable properties in Port Perry's Historic Downtown Heritage Conservation District. Occupying a premier, high-exposure location directly across from the renowned Port Perry Post Office and surrounded by major banks, the public library, pharmacy, boutique shopping, restaurants, and the vibrant downtown core, the property enjoys exceptional visibility and year-round pedestrian traffic. Just steps from the waterfront, parks, and popular community events, it benefits from both a loyal local customer base and a steady stream of tourists. ---||--- This is more than an income property-it's a cornerstone of Port Perry's commercial district and a true trophy asset with enduring character, irreplaceable location, and long-term investment appeal. The diversified tenant mix provides reliable income, while the residential component offers meaningful revenue growth as suites transition to market rents. ---||--- Ideally situated only 15-20 minutes from Highways 407 and 412, and approximately 45 minutes from Toronto's DVP/Highway 401 interchange, the property combines small-town charm with convenient access to the Greater Toronto Area, making it well positioned to benefit from continued regional growth and increasing demand. ---||--- Whether you're expanding an investment portfolio, completing a 1031-style exchange, or seeking a landmark asset with stable income, positive cash flow, and long-term appreciation potential, this is a rare opportunity to own one of Durham Region's most prestigious downtown commercial properties.

Property details

Property

Property type
investment
Interior size
23,262 sq ft
Year built
100+
Lot size
90.35 × 186.87 ft
Zoning
C3
Possession
TBD

Interior

Heating
Electric Forced Air
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$6,995,000
Property taxes
$75,233 / year (2024)
Price per sq ft
$301

Listing

MLS® number
E12199797
Status
For sale
Listed
June 5, 2025
Days on market
517
Last updated
July 21, 2026
Listing brokerage
RE/MAX HALLMARK EASTERN REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $1,399,000
$1,399,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$30,941.24
Property tax (est.)
$6,269.42
Estimated monthly
$37,211

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$161,350
Total due on closing
$161,350

An estimate on the asking price of $6,995,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX HALLMARK EASTERN REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$6,995,000

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