For Sale

255 McDonnel Street, Peterborough Central, Ontario K9H 2W2

$2,090,000

255 McDonnel Street, Peterborough Central, Ontario K9H 2W2 is For Sale and has a listing price of 2,090,000. The property is located in the Peterborough Central . It's been on the website for 1 Day.

  • MLS ID: X12238955
  • Office Name ROYAL LEPAGE PROALLIANCE REALTY
Property Description

** Vendor/Seller take-back (VTB) mortgage available for qualified buyers.** Downtown Peterborough – Versatile Investment Opportunity. Prime industrial-zoned property (M3.2 – Enhanced Service Industrial) offering exceptional versatility in the heart of Peterborough’s commercial core area! This unique site features two separate buildings designed for a mix of commercial, industrial, and residential uses, making it an excellent investment opportunity or an ideal owner-occupied business space. Over 4100 square feet on the main level of the primary building, and 10,000 square feet total between two buildings. Two 3-bedroom apartments with newer high end finishes, plus office or retail space round out this incredible mixed use package. Building 1 Expansive garage space, perfect for a tradesman’s shop, vehicle repair, or contractors establishment. Building 2 Mixed-use space featuring a main-floor office plus two residential apartments, offering potential for rental income or live-work flexibility. Zoning (M3.2 – Enhanced Service Industrial) Allows for a variety of permitted uses. Strategic Location Centrally located in Peterborough, offering excellent accessibility for business operations. This turnkey property is an ideal option for investors seeking multi-use potential or business owners looking to establish a footprint in a high-demand commercial hub. Don’t miss this rare opportunity! Check out the media and virtual tour for more images!

Property Details
  • MLS ID: X12238955
  • Price: $2,090,000
  • Lot Depth: 194
  • Transaction Types: For Sale
  • Ref ID: X12238955
  • Year Built: N/A
  • Dir / Cross St: McDonnel Street and Bethune Street
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
06/23/2025 X12238955 $2,090,000 For Sale - -
03/20/2025 X12032659 $2,100,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Peterborough Central
  • $636,504 Average List Price
    based on 1 year
  • 20 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 84.11 % Up
  • Sold (12mo) 2
  • Rented (12mo) 5

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Other
  • Kitchen Y
  • Taxes: $19,242
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 23/06/2025 13:04:00
Want to see this property?