304-306 GEORGE STREET N, Peterborough (Town Ward 3)
$2,399,999
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13623232
- Neighbourhood
- Town Ward 3
Exceptional mixed use investment opportunity in the heart of downtown Peterborough featuring 5 retail units, 4 leased units (most with long term tenants) and 1 vacant unit, plus 3 partially completed residential units consisting of 19 rooms. Each residential unit includes its own common area and laundry facilities. The residential component features 8 rooms on the lower level and 11 rooms on the upper level, with every room equipped with independent climate control. Highly visible commercial frontage on George Street with excellent pedestrian and vehicle exposure. The residential portion offers excellent potential for student housing, affordable housing, office use, or coworking. A contractor familiar with the project is available to complete the remaining work, or buyers may use their own contractor. Seller is highly motivated.
Sold data
Homes in Town Ward 3 — recent sold market
Homes in Town Ward 3 took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 45, across 142 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $474,950.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 27
- Median sale price
- $474,950
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 10%
Based on 142 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Peterborough (Town Ward 3)
Peterborough (Town Ward 3) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.
- Rated schools
- 29
- Elementary
- 23
- Secondary
- 6
- Average rating
- 5.2 / 10
Top-rated schools in Peterborough (Town Ward 3)
- James Strath — elementary, PeterboroughFraser rating 7.5/10
- St. Peter's — secondary, PeterboroughFraser rating 6.7/10
- Edmison Heights — elementary, PeterboroughFraser rating 6.5/10
- St Paul's — elementary, PeterboroughFraser rating 6.2/10
- Holy Cross — secondary, PeterboroughFraser rating 6.1/10
- St Anne — elementary, PeterboroughFraser rating 6.0/10
School ratings from the Fraser Institute's Ontario school report cards.
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