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$ 7,900,000
Est. payment | /mo
$ 7,900,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Northcrest Ward 5
MLS Listing ID X13457298
Annual Tax Amount $70,220
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Peterborough
Area Peterborough
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 684.79
Others
Security Features Yes
ParcelsYN No
Listed by COLLIERS
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