For Sale

379 George Street, Peterborough, Ontario K9H 3R2

$3,699,000

379 George Street, Peterborough, Ontario K9H 3R2 is For Sale and has a listing price of 3,699,000. The property is located in the Cavan Monaghan neighbourhood . It's been on the website for 5 Days.

  • 10
    Bathrooms
  • MLS ID: X12846518
  • Office Name HOMELIFE/VISION REALTY INC.
Property Description

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
  • MLS ID: X12846518
  • Bathrooms: 10
  • Price: $3,699,000
  • Lot Depth: 160
  • Transaction Types: For Sale
  • Ref ID: X12846518
  • Year Built: N/A
  • Dir / Cross St: Hunter Street West
  • Status: Active
  • Tax Year: 2026
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
03/04/2026 X12846518 $3,699,000 For Sale - -
04/01/2025 X12055146 $15 For Lease - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cavan Monaghan
  • $1,096,272 Average List Price
    based on 1 year
  • 36 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 124.09 % Up
  • Sold (12mo) 121
  • Rented (12mo) 13

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Washroom Type1: 10
  • Heating System Y
  • Garage Type Y
  • Parking Spaces: 2
  • Taxes: $30,302
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 04/03/2026 22:31:33
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