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For saleMLS® X13042760

165 Sherbrooke Street, Peterborough, ON K9J 2N2

Town Ward 3 · K9J 2N2

$2,500,000

$202 / sq ft

6 months on market

Bathrooms
8
Total area
12,385 sf
Lot
114.35 × 196.78 ft

What's special

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About this property

Here is the chance to own a cornerstone of the downtown core! This well-established commercial building is perfectly positioned at the south end of Peterborough's Central Business District. Offering an great location just steps from Little Lake, this property combines high-visibility retail with stable professional office space. Property Highlights: Diverse Tenant Mix: A healthy blend of 4 retail units fronting on Sherbrooke Street and 3 well appointed office suites situated quietly behind. Stable Tenancies: Benefit from long time well established retail tenants, which a couple are long-term tenants already in place. Efficiency & Clarity: Simplify your management-all units are metered separately, ensuring clear utility responsibility for each tenant. 233 George Street, a parking lot, is included in the purchase of this property

Property details

Property

Property type
retail
Bathrooms
8
Interior size
12,385 sq ft
Lot size
114.35 × 196.78 ft
Zoning
C6
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Sewer
Sanitary

Costs

List price
$2,500,000
Property taxes
$48,568 / year (2025)
Price per sq ft
$202

Listing

MLS® number
X13042760
Status
For sale
Listed
April 24, 2026
Days on market
194
Last updated
October 30, 2026
Listing brokerage
Royal LePage ProAlliance Realty

Price & sale history

This property's sale history is hidden

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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.

How this price compares

This home is priced above most comparable listings — about 83% of comparable retail listings in Town Ward 3 are asking less.

$505KMedian $925K$3.39M
This home
$202 / sq ft
Comparable median
$223 / sq ft

Based on 12 comparable active retail listings in Town Ward 3. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $500,000
$500,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,058.34
Property tax (est.)
$4,047.33
Estimated monthly
$15,106

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
$48,975
Total due on closing
$48,975

An estimate on the asking price of $2,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Royal LePage ProAlliance 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.

$2,500,000

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