1200 Lansdowne Street W, Peterborough, ON K9J 2A1
Otonabee Ward 1 · K9J 2A1
$99,000
$39 / sq ft4 months on market
- Total area
- 2,515 sf
What's special
- Plaza garage
- Yes
About this property
A rare opportunity! Own a well-established Chinese restaurant with over 20 years of successful operation and an outstanding reputation in the community. Featuring approximately 100 seats, buffet area, and eligibility for a liquor licence, this fully equipped turnkey business is ready for immediate operation. Enjoy a loyal customer base, strong and consistent sales, ample on-site parking for customers' convenience. There is tremendous potential for future growth by expanding online ordering and delivery services through platforms such as Uber Eats, DoorDash, Skip. The owner is retiring after many successful years, creating an exceptional opportunity for an ambitious owner-operator or investor to take this thriving business to the next level. Don't miss this exceptional opportunity to own a profitable, long-established restaurant with unlimited growth potential. The buyer will have the opportunity to enter into a new lease with the landlord, subject to the landlord's approval.
Property details
Property
- Property type
- business
- Interior size
- 2,515 sq ft
- Zoning
- Commercial
- Possession
- Immediate/ TBA
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Plaza
- Sewer
- Sanitary+Storm
Costs
- List price
- $99,000
- Property taxes
- $5,537 / year (2026)
- Price per sq ft
- $39
Listing
- MLS® number
- X13523476
- Status
- For sale
- Listed
- July 4, 2026
- Days on market
- 123
- Last updated
- July 4, 2026
- Listing brokerage
- RE/MAX CROSSROADS REALTY INC.
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.
How this price compares
This home is priced below most comparable listings — about 20% of comparable business for sale listings in Peterborough are asking less.
Based on 10 comparable active business for sale listings in Peterborough. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $520.02
- Property tax (est.)
- $461.39
- Estimated monthly
- $981
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
- $715
- Total due on closing
- $715
An estimate on the asking price of $99,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX CROSSROADS REALTY INC.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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