For Sale: 183 Queen Street, Scugog, ON - REW
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$6,995,000
0 bd • ba • 23262 sf • Multifamily
183 Queen Street
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$6,995,000
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183 Queen StreetScugog, ON, L9L 1B8

Port Perry
  • 0 Bed
  • Bath
  • 23262 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Derek Green, Salesperson, RE/MAX HALLMARK EASTERN REALTY

Home facts and features

Price details
List Price
$6,995,000
Get Pre-Approved
Gross Taxes for 2024
$75,233
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
90 ft x 0 ft (16988 ft²)
Depth
Frontage
90.4 feet
Heating Type
Forced air
Cooling
Fully air conditioned
Community
Agent details
Primary Agent
Derek Green
Primary Broker
RE/MAX HALLMARK EASTERN REALTY
Listing details
Days on REW
255 Days
Property Views
77
MLS® Number
E12199797
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Port Perry High School
  • Public
  • 9 - 12
R H Cornish Public School
  • Public
  • JK - 8
Good Shepherd Catholic School
  • Catholic
  • JK - 8
Children's House Montessori, The
  • Private
  • Pre-K - K
S A Cawker Public School
  • Public
  • JK - 8
Trinity Grace Academy
  • Private
  • JK - 8
Prince Albert Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Derek Green
Phone:
(705) 872-7002
Office:
705-743-9111
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