287-289 George Street, Peterborough, ON
Property Highlights
Welcome to this remarkable sale of business 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 $200,000 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas hot water heating
Description
Turnkey BBQ Restaurant in Prime Downtown Peterborough Location -An exceptional opportunity to own a fully established, LLBO-licensed BBQ restaurant, offered at just $200,000. This 1,979 sq ft operation delivers a complete turnkey package in one of the city's most vibrant entertainment districts.Perfectly positioned directly across from Showplace Theatre and surrounded by popular nightclubs and restaurants, this high-visibility location benefits from constant foot traffic and strong day-and-night exposure.Inside, guests enjoy a warm, rustic atmosphere highlighted by exposed brick, a newly renovated interior, and a striking live-edge bar. The dining room seats 74 patrons, with approval for an additional 30+-seat patio, ideal for maximizing seasonal revenue. The space is air-conditioned and designed for comfort, efficiency, and high-volume service.A fully outfitted commercial kitchen supports dine-in, take-out, and catering operations. The lower level includes a walk-in cooler, additional prep kitchen, and good ceiling height, making it perfect for events, storage, or expanded production. This Business Asset Sale includes all fixtures, furnishings, cutlery, dishes, pots and pans, keg and beer fridges, plus 12 brand-new beer taps, ensuring a seamless transition for the next operator. Two staff parking spaces at the rear of the building add valuable convenience. Ideal for an owner-operator, nightlife concept, or hybrid food-bar model, this location offers immediate revenue potential and is priced to sell. Note: This is a Business Asset Sale Only. The buyer will assume the existing lease. A rare chance to step into a beloved BBQ destination in one of Peterborough's most sought-after neighbourhoods.
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Property Summary
This sale of business located at 287-289 George Street, Peterborough is currently for sale and has been available on SousaSells for 227 days. This property is listed at $200,000 with an estimated mortgage of $666* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 287-289 George Street, Peterborough is in the Town Ward 3 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Town Ward 3, Peterborough.
- •Desirable Sale Of Business architecture in Town Ward 3, Peterborough
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 287-289 George Street, Peterborough, ON
Q.What is the asking price for 287-289 George Street, Peterborough, ON ?
The current listing price for 287-289 George Street, Peterborough, ON in Town Ward 3, Peterborough is $200,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 287-289 George Street, Peterborough, ON ?
287-289 George Street, Peterborough, ON is a Sale Of Business () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Town Ward 3, Peterborough
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 287-289 George Street N, Peterborough, ON K9J 3H3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Peterborough, ON
For a property listed at $200,000 in Peterborough, the legal minimum down payment is $10,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,725 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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