Excellent opportunity to own a versatile 3-storey office building in a high-traffic downtown location, offering excellent visibility and on-site parking for up to 8 vehicles. Situated at the corner of McDonnel and Reid Street, beside a city parkette and close to downtown amenities and public transit, this property is well suited for a variety of professional uses including a clinic, office space, or potential residential component. Offering approximately 2,284 sq.ft. above grade, the building features 6 offices, a reception area, boardroom, kitchen area, 2.5 bathrooms and a basement laundry. The main and second floors were recently gutted back to the studs and extensively renovated with new insulation and drywall, while all three levels plus the basement have received new flooring, trim and paint. The second-floor 4-piece bathroom is completely new, and two wall-mounted heat pump units provide air conditioning and supplemental heating. The basement offers additional usable space along with a convenient walk-up directly to the rear parking area. With its prominent downtown location, generous parking, flexible layout and extensive recent improvements, this is an excellent opportunity for an owner-user, professional practice or investor.
| MLS # | X13722788 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 64 |
| Listing Provided By | Ball Real Estate Inc. | X13722788 333400 |
| Bath(s) | 3 |
|---|---|
| SQ Feet | 2,284 |
| Acreage | 0.05 |
| Cooling | Partial, Yes |
|---|
| Security Features | No |
|---|
| Utilities | Available |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 11289.39 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 16 N/S MCDONNEL ST & W/S GEORGE ST PL 1 PETERBOROUGH AS IN R494011; T/W R494011; PETERBOROUGH |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Peterborough |
| City | Peterborough |
| Postal Code | K9H 4H1 |
| Area | Town Ward 3 |
| Listing VS Median (in K9H 4H1) | |
Price: $799,900 low | high Med: $799,900 sqft: 2,284 low | high Med: 2,284 $ / sqft: $350 low | high Med: $350 On site: 64 low | high Med: 64 | |
| Province | ON |
|---|---|
| County | Peterborough |
| City | Peterborough |
| Postal Code | K9H 4H1 |
| Area | Town Ward 3 |
| Listing VS Median (in K9H 4H1) | |
Price: $799,900 low | high Med: $799,900 sqft: 2,284 low | high Med: 2,284 $ / sqft: $350 low | high Med: $350 On site: 64 low | high Med: 64 | |