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$6,995,000
Available - For Sale
Listing ID: E12199797
PRICE REDUCED. A rare opportunity to acquire one of downtown Port Perry's most iconic landmark investment properties. This fully occupied mixed-use asset features six established commercial tenants and 11 residential apartment suites, offering immediate, stable cash flow. ---||--- Formerly known as the Settlement House, this distinguished heritage building is one of the most recognizable properties in Port Perry's Historic Downtown Heritage Conservation District. Occupying a premier, high-exposure location directly across from the renowned Port Perry Post Office and surrounded by major banks, the public library, pharmacy, boutique shopping, restaurants, and the vibrant downtown core, the property enjoys exceptional visibility and year-round pedestrian traffic. Just steps from the waterfront, parks, and popular community events, it benefits from both a loyal local customer base and a steady stream of tourists. ---||--- This is more than an income property-it's a cornerstone of Port Perry's commercial district and a true trophy asset with enduring character, irreplaceable location, and long-term investment appeal. The diversified tenant mix provides reliable income, while the residential component offers meaningful revenue growth as suites transition to market rents. ---||--- Ideally situated only 15-20 minutes from Highways 407 and 412, and approximately 45 minutes from Toronto's DVP/Highway 401 interchange, the property combines small-town charm with convenient access to the Greater Toronto Area, making it well positioned to benefit from continued regional growth and increasing demand. ---||--- Whether you're expanding an investment portfolio, completing a 1031-style exchange, or seeking a landmark asset with stable income, positive cash flow, and long-term appreciation potential, this is a rare opportunity to own one of Durham Region's most prestigious downtown commercial properties.
Price $6,995,000
Taxes: $75,233
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 183 Queen Street , Scugog, L9L 1B8, Durham
Postal Code: L9L 1B8
Province/State: Durham
Legal Description: LTS 5 & 32 PL H50020; PT LTS 6 & 31 PL H
Directions/Cross Streets: Queen & Water
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Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 23,262
Total Area Code:  Square Feet
Office/Appartment Area: 5859
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Approximatly Age: 100+
Maintenance: 0
Sprinklers: No
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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RE/MAX HALLMARK EASTERN REALTY

183 Queen Street , Scugog, L9L 1B8, Durham

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At a Glance:
Type: Com - Investment
Area: Durham
Municipality: Scugog
Neighbourhood: Port Perry
Style:
Lot Size: x 186.87(Feet)
Approximate Age: 100+
Tax: $75,233
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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