$7,900,000
Available - For Sale
Listing ID: X13457304
1155 Water Street , Peterborough, K9H 3P8, Peterborough
| 1155 Water Street presents a rare opportunity to acquire a substantial institutional asset in the heart of Peterborough. Situated on approximately 3.2 acres, the property features a bright, single-storey building encompassing approximately 39,489 square feet. The barrier-free design offers seamless accessibility throughout, complemented by abundant natural light and beautifully maintained outdoor garden and patio areas. Strategically located along a major corridor and just minutes from Peterborough Regional Health Centre, emergency services, retail amenities, and established residential neighbourhoods, the property is exceptionally positioned for a wide range of future uses. Existing institutional zoning permits numerous healthcare, educational, community, religious, and assembly-related uses, while the property's scale, layout, and location may also present opportunities for alternative residential or multifamily redevelopment, subject to municipal approvals. With its significant building footprint, established infrastructure, versatile zoning permissions, and prime location within one of Ontario's fastest-growing regional centres, 1155 Water Street represents a compelling opportunity for investors, developers, owner-occupiers, and organizations seeking a value-add institutional asset with substantial repositioning and redevelopment potential. |
| Price | $7,900,000 |
| Taxes: | $70220.14 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 1155 Water Street , Peterborough, K9H 3P8, Peterborough |
| Postal Code: | K9H 3P8 |
| Province/State: | Peterborough |
| Legal Description: | PCL 2-1, SEC 45-P229-PET; PT LT 2, PL 22 |
| Directions/Cross Streets: | Water Street & Marina Blvd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Seniors Residence |
| Building Percentage: | T |
| Total Area: | 39489.00 |
| Total Area Code: | Square Feet |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLLIERS |
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Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
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At a Glance:
| Type: | Com - Investment |
| Area: | Peterborough |
| Municipality: | Peterborough |
| Neighbourhood: | Northcrest Ward 5 |
| Tax: | $70,220.14 |
| Fireplace: | N |
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