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1054 Monaghan Road

Peterborough, ON K9J 5R2
  • $3,495,000
  • STATUS: Active
  • ON SITE: 259 Days
  • MLS #: 40364530
Price Reduced
UPDATED: 63 min ago
$3,495,000
  • 0
    BEDS
  • 0.50-1.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,650
    SQFT
Neighbourhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

QUALITY INVESTMENT OPPORTUNITY TO ACQUIRE A NEWLY RENOVATED MULTI-TENANTED COMMERCIAL BUILDING FULLY OCCUPIED ON LONG TERM LEASES. MIX OF FINANCIAL/GOVERNMENT/MEDICAL TENANCIES. LANDMARK BUILDING LOCATED NEAR THE PETERBOROUGH REGIONAL HEALTH CENTRE AND ONE OF PETERBOROUGH'S MAIN BUSINESS INTERSECTIONS AT MONAGHAN/LANSDOWNE. THE PROPERTY IS COMPRISED OF AN EXTENSIVELY RENOVATED 21,650 SF BUILDING ORIGINALLY CONSTRUCTED IN STAGES 1962 AND 1977 ON A 0.954 ACRE PARCEL. 66 PARKING SPACES. MULTIPLE ENTRANCES WITH BARRIER FREE BUILDING ACCESS FROM THE SOUTH SIDE PARKING LOT AND OTHER UPGRADED ACCESSIBILITY FEATURES, INCLUDING TWO LIFTS AND AN ELEVATOR. ENVIRONMENTAL REPORTS AND DESIGNATED SUBSTANCES SURVEY ARE POSITIVE BY MOE STANDARDS. APPROXIMATE GROSS INCOME $390K.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T15:23:27.203.
www.manarealty.ca/homes/136002407
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1054 Monaghan Road Peterborough, ON K9J 5R2

  • Price: $3,495,000
  • Status: Active
  • On Site: 259 Days
  • Updated: 63 min ago
  • MLS #: 40364530
0
Beds
0
Baths
0
½ Baths
0.50-1.99
Acres
21,650
SQFT
$161
$/SQFT
Neighbourhood:
3 South
County:
Peterborough
Area:
Peterborough
Property Description
QUALITY INVESTMENT OPPORTUNITY TO ACQUIRE A NEWLY RENOVATED MULTI-TENANTED COMMERCIAL BUILDING FULLY OCCUPIED ON LONG TERM LEASES. MIX OF FINANCIAL/GOVERNMENT/MEDICAL TENANCIES. LANDMARK BUILDING LOCATED NEAR THE PETERBOROUGH REGIONAL HEALTH CENTRE AND ONE OF PETERBOROUGH'S MAIN BUSINESS INTERSECTIONS AT MONAGHAN/LANSDOWNE. THE PROPERTY IS COMPRISED OF AN EXTENSIVELY RENOVATED 21,650 SF BUILDING ORIGINALLY CONSTRUCTED IN STAGES 1962 AND 1977 ON A 0.954 ACRE PARCEL. 66 PARKING SPACES. MULTIPLE ENTRANCES WITH BARRIER FREE BUILDING ACCESS FROM THE SOUTH SIDE PARKING LOT AND OTHER UPGRADED ACCESSIBILITY FEATURES, INCLUDING TWO LIFTS AND AN ELEVATOR. ENVIRONMENTAL REPORTS AND DESIGNATED SUBSTANCES SURVEY ARE POSITIVE BY MOE STANDARDS. APPROXIMATE GROSS INCOME $390K.
Exterior Features

Acres Range 0.50–1.99 Attached Garage YN No Attached YN No Carport YN No Commercial Doors Count 0 Construction Materials Brick Crops Included YN No Direction Faces West Docking YN No Driveway Parking Outside/Surface/Open Exterior Features Landscaped Fencing Partial Foundation Details Concrete Perimeter Frontage Length 331.10 Frontage Type East Garage YN No Lot Features UrbanIrregular LotAirportAmple ParkingCorner LotHigh Traffic AreaHospitalPublic TransitShopping Nearby Lot Size Area 0.954 Parking Features Asphalt Parking Total 66 Pool Features None Property Attached Detached Waterfront YN No

Interior Features

Accessibility Features Accessible Public Transit NearbyAccessible Elevator InstalledParkingRampsStair Lift Basement Separate EntranceWalk-Up AccessFullPartially Finished Cooling Other Cooling YN No Fireplace YN No Flooring Carpet Free Heating Natural Gas Heating YN Yes Interior Features ElevatorPublic Washrooms Kitchens Total 0

Property Features

Assessment Year 2016 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Crane YN No Cross Street Between Albert/Chamberlain Electric Single Phase Electric Expense 23921 Electric On Property YN Yes Heating Expenses 8000 Insurance Expense 8775 Laundry Features None Lot Depth 0 Net Income 241075 New Construction YN No Number Of Apartment Units 0 Property Sub Type Building And Land Security Features Alarm SystemHeat DetectorSecurity SystemSmoke Detector(S) Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Under Contract Other Utilities Electricity ConnectedFibre OpticsNatural Gas ConnectedYes Water Source Municipal Year Built Details Historic Year Expenses 60381 Zoning Sp. 156

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Ronald Whetung of Mincom Kawartha Lakes Realty Inc. Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T15:23:27.203.
 
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