$499,800
283 George Street N, Peterborough, ON K9J 3H3
Town Ward 3
Listing courtesy of Century 21 United Realty Inc.
Town Ward 3 · K9H 3W2
$599,900
$127 / sq ft3 days on market
A rare opportunity to own both Spokes N Pedals, one of Peterborough's longest-established bicycle sales and repair shops, and the downtown commercial property it calls home. After nearly 40 years under the same ownership, this well-known and respected local business is ready for its next chapter. The turnkey sale includes the established business, all current inventory, parts, tools, equipment and everything needed to continue operations, along with the land and 4,734.61 sq. ft. building. Zoned C6, the property offers a versatile mix of commercial and residential space, including the existing bicycle shop, a large storage area and two 1-bedroom residential apartments. Whether you're an experienced bicycle professional looking to take over an established operation, an entrepreneur seeking a business with a long-standing reputation, or an investor looking for a downtown property with multiple income possibilities, this package offers plenty of potential. Continue the Spokes N Pedals legacy, make use of the existing commercial and residential spaces, or explore future possibilities for the property. An opportunity to acquire an established Peterborough business and the real estate all in one package.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 33% of comparable retail listings in Town Ward 3 are asking less.
Based on 12 comparable active retail listings in Town Ward 3. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $599,900. 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.
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$499,800
Town Ward 3
Listing courtesy of Century 21 United Realty Inc.
$575,000
Town Ward 3
Listing courtesy of McConkey Real Estate Corporation
$549,500
Town Ward 3
Listing courtesy of Kawartha Group Realty