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432 GEORGE STREET, Peterborough (Downtown), Ontario, K9H 3R5

MLS® # X9379793
Commercial For Sale In North Central, Peterborough (Downtown), Ontario
$1,399,000
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
432 George Street, Peterborough (Downtown), ON
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432 GEORGE STREET, Peterborough (Downtown), Ontario, K9H 3R5
$1,399,000

Property Information:

This stunning and classic 3-storey century building is ideally located on Peterborough's main thoroughfare, right in the heart of downtown. Boasting beautiful large display bay windows offering plenty of natural light. The main floor retail space has been thoroughly renovated and currently is occupied by a Pharmacy (on a 10-year lease). Additionally, there are three renovated, residential apartments. Unit 1 features two levels, two bedrooms, one bathroom and a private patio. Unit 2 features one bedroom and one bathroom. Unit 3 features one bedroom, one bathroom and a beautiful deck. The dry basement is used for storage space by the Pharmacy. With its Heritage Designation, this property enjoys significant reductions in property taxes.There is additional income from the rented Billboard sign on the North-side of the building. Parking for 2 in the back parking lot is included. Don't miss this excellent opportunity to invest in a classic building in downtown Peterborough's landscape!! **** EXTRAS **** The 2024 Taxes are $9,342.67 Less A Heritage Tax Credit of $2,851.61. BIA Tax is $358.42 (id:7525)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Retail
  • Irregular: Yes
  • Lot Depth: 115.5 Feet
  • Lot Frontage: 23.0 Feet
  • Lot Size: 23.08 x 115.58 FT
  • Zoning: C-6
  • No. of Parking Spaces: 2

REALTOR.ca  

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Location of 432 GEORGE STREET, Peterborough (Downtown), Ontario, K9H 3R5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 432 GEORGE STREET , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.1 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.1℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 432 GEORGE STREET , experiences 11 significant 2-day storms per year, with about 305.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 380.5mm of precipitation per year.

Precipitation Per Storm

Past
305.4mm
2050
380.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 432 GEORGE STREET, Peterborough (Downtown), Ontario, K9H 3R5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,051.48

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.7 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

3.57 %

College/non-university certificate

23.37 %

University certificate (below bachelor)

0.5 %

University Degree

25.76 %

Commuter

Travel To Work

By Car

60.06 %

By Public Transit

8.41 %

By Walking

27.2 %

By Bicycle

0.88 %

By Other Methods

3.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.65 %

Houses

23.35 %

Own Vs. Rent

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