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For saleNew listingMLS® X14129794

1840 Lansdowne Street W, Peterborough, ON K9K 2L8

Monaghan Ward 2 · K9K 2L8

$400,000

6 days on market

Bathrooms
2
0
Age
16-30 years

What's special

  • Yes

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About this property

Established ICONIC Burger Shop. Award winning 15 years in a row Popular Burger Shop(s) / Diner(s) in Peterborough. Both AA+ Peterborough locations are for sale together, proudly providing delicious in-house ground steak burgers and more with a warm, welcoming ambiance that will take you back in time to the 40 and 50"s. The space is air-conditioned and designed for comfort, efficiency and high-volume service. Commercial kitchens support dine-in, and take-out. Retro chattels and fixtures, furnishings, dishes, pots, pans, and recipes ensuring a seamless transition for the next operator. Low fixed operating costs make this an excellent opportunity for an owner-operator or entrepreneur looking to step into an established business with strong brand recognition and repeat clientele. Lots of customer parking available. The location offers immediate revenue potential and is priced to sell. Full support and training available through the seller. Set up on major delivery platforms. Note: this is a Business Asset Sale and Buyer will assume the existing lease. Do not go direct do not speak to the staff. Showings are from 8am- 11am Monday to Friday only. BEING SOLD WITH X14129798.

Property details

Property

Property type
business
Bathrooms
2
Year built
16-30
Zoning
COMMERCIAL
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$400,000

Listing

MLS® number
X14129794
Status
For sale
Listed
October 29, 2026
Days on market
6
Last updated
October 29, 2026
Listing brokerage
Royal LePage Frank Real Estate

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 90% of comparable business for sale listings in Peterborough are asking less.

$45KMedian $197K$330K

Based on 10 comparable active business for sale listings in Peterborough. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $20,000
$20,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,101.09
Estimated monthly
$2,101

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
$4,475
Total due on closing
$4,475

An estimate on the asking price of $400,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Royal LePage Frank Real Estate. 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.

$400,000

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Comparable sales nearby

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Nearby sold prices are hidden

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