539 George Street, Peterborough, ON

$1
MLS#:X12911344
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] land located in the coveted neighborhood of Town Ward 3. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 163.53 x 228.93 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with [] central cooling

539 George Street North, a prime multi-residential development site locate in the heart of downtown Peterborough. The 0.59-acre parcel is zoned for a six-storey purpose-built rental building comprising 95 residential suites and 2,717 sq. ft of ground-floor retail, with 32 parking stalls and 10 affordable housing units. The property offers significant value through available incentives, including exemption from development charges until January 2027 and eligibility for the Brownfield Tax Incentive Program (BTIP) and Central Area Revitalization Grant Program (TARP). Key technical reports-including geotechnical, environmental, archaeological, and stormwater management-have been completed, positioning the project to advance efficiently toward Site Plan Agreement. Ideally situated between London Street and McDonnel Street, the site is within walking distance to Peterborough City Hall, Confederation Square, and the Peterborough Armory, and offers convenient access to Trent University and Fleming College, supporting strong and diverse rental demand

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date3/20/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size163.53 × 228.93 Feet
CountyPeterborough
Annual Tax$23,615.29
Legal DescriptionLT 1 PL 38 Town of Peterborough; LT 2 PL 38 Town of Peterborough; LT 9 PL 38 Town of Peterborough; TP LT 3 PL 38 Town of Peterborough as in R191121

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Features

Property Features

Community Features

Location

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539 George Street, Peterborough, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 539 George Street, Peterborough, ON K9H 3S1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$0.8
Monthly Mortgage$0
Property Tax (Est.)$1,968
Utilities & Maint.$350
Total Monthly Cost$2,318

Strategic Fiscal Clarity

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