For Sale

970 Highway 7 Highway Unit# Rear, Otonabee-South Monaghan, Ontario K9J 6X7

$400,000

970 Highway 7 Highway Unit# Rear, Otonabee-South Monaghan, Ontario K9J 6X7 is For Sale and has a listing price of 400,000. The property is located in the Otonabee-South Monaghan neighbourhood . It's been on the website for 6 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12391736
  • Office Name RE/MAX ESCARPMENT REALTY INC.
Property Description

Excellent Opportunity To Acquire A Well-Established Profitable Business On Busy Highway 7 (Trans-Canada Highway) Just East Of The City Of Peterborough. Family Owned For 40 Years. Combined Area Approx 2 Acres. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years. Huge Upside Potential, Below Market Rents With Room To Expand To Increase Revenue. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices. Financials Available With An NDA. Property Must Be Sold Along With 970 HIGHWAY 7 MLS #X12391739

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12391736
  • Price: $400,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 235
  • Ref ID: X12391736
  • Dir / Cross St: Highway 7 And Lancaster Rd.
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/09/2025 X12391736 $400,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Otonabee-South Monaghan
  • $786,526 Average List Price
    based on 1 year
  • 48 New Listings
    based on 30 days
  • 134 Median Days on Market
    based on 1 year
  • List vs. Selling Price 145.1 % Up
  • Sold (12mo) 85
  • Rented (12mo) 13

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    64.69%
  • All Houses/Commercial
    0.06%
  • Commercial
    33.67%
  • Condo
    0.45%
  • Land for Sale
    1.13%
Additional Details
  • Heat Type Y
  • Garage Type Other
  • Taxes: $792
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediat
  • Listing Entry Date: 09/09/2025 16:45:25
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