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For saleMLS® X13810098

379 George Street N, Peterborough, ON K9H 3R2

Town Ward 3 · K9H 3R2

$3,499,000

$221 / sq ft

1 months on market

Bathrooms
10
Total area
15,845 sf
Lot
47 × 160 ft

What's special

  • Yes

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About this property

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.

Property details

Property

Property type
retail
Bathrooms
10
Interior size
15,845 sq ft
Lot size
47 × 160 ft
Zoning
Commercial
Possession
Immediate

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Sewer
Sanitary

Costs

List price
$3,499,000
Property taxes
$30,302 / year (2026)
Price per sq ft
$221

Listing

MLS® number
X13810098
Status
For sale
Listed
September 21, 2026
Days on market
44
Last updated
September 21, 2026
Listing brokerage
HOMELIFE/VISION 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 above most comparable listings — about 92% of comparable retail listings in Town Ward 3 are asking less.

$505KMedian $925K$2.49M
This home
$221 / sq ft
Comparable median
$220 / 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 $699,800
$699,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$15,477.26
Property tax (est.)
$2,525.15
Estimated monthly
$18,002

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
$73,950
Total due on closing
$73,950

An estimate on the asking price of $3,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/VISION 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.

$3,499,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

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