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$7,900,000
Available - For Sale
Listing ID: X13457304
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: $70,220.14
Tax Type: Annual
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Seniors Residence
Building Percentage: T
Total Area: 39,489
Total Area Code:  Square Feet
Maintenance: 0
Sprinklers: Yes
Heat Type: Baseboard
Central Air Conditioning: Yes
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COLLIERS

1155 Water Street , Peterborough, K9H 3P8, Peterborough

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Investment
Area: Peterborough
Municipality: Peterborough
Neighbourhood: Northcrest Ward 5
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Tax: $70,220.14
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949