539 George ST, Peterborough, ON K9H 3S1
539 George ST, Peterborough, ON K9H 3S1
539 George ST, Peterborough, ON K9H 3S1
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Christine Domina

Christine Domina

Real Estate Smarts - Christine Domina

+1(416) 873-4747
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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Town Ward 3

MLS Listing ID X12911344

Annual Tax Amount $23,615

Tax Year 2025

Property Sub-Type Land

Property Description

539 George Street North, a prime multi-residential development site locate in the heart of downtown Peterborough. The 0.59-acre parcel is zoned for a six-storey purpose-built rental building comprising 95 residential suites and 2,717 sq. ft of ground-floor retail, with 32 parking stalls and 10 affordable housing units. The property offers significant value through available incentives, including exemption from development charges until January 2027 and eligibility for the Brownfield Tax Incentive Program (BTIP) and Central Area Revitalization Grant Program (TARP). Key technical reports-including geotechnical, environmental, archaeological, and stormwater management-have been completed, positioning the project to advance efficiently toward Site Plan Agreement. Ideally situated between London Street and McDonnel Street, the site is within walking distance to Peterborough City Hall, Confederation Square, and the Peterborough Armory, and offers convenient access to Trent University and Fleming College, supporting strong and diverse rental demand

Location

Province ON

County Peterborough

Area Peterborough

Zoning C-5

Exterior

Utilities Available Yes

Lot Frontage 163.53

Lot Depth 228.93

Others

ParcelsYN No

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Listed by CBRE LIMITED

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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