Unique opportunity at 3171 Lakefield Road offering exceptional flexibility in a prime high-traffic location. This property is ideally suited for someone looking for strong outdoor space, storage, parking, and exposure while also benefiting from an on-site residential component.The main floor feature...s a bright and functional two-bedroom, one-bathroom apartment, making it an excellent option for an owner-occupier, employee housing, or immediate rental income. The lower level includes a walkout basement with a garage and separate entrance, providing a great space for storage, workshop use, small business operations, or contractor needs.Adding to the appeal, the property currently generates income from both the residential and exterior use. The apartment is rented for $2,100 permonth, while an outdoor tenant contributes an additional $800 per month, creating a combined monthly income of $2,900 and providing immediate cash flow for investors or owner-operators.The true value of this property lies in its versatility and visibility. With plenty of on-site parking and excellent exposure along Lakefield Road, this property is well suited for a variety of uses where outdoor space and accessibility are important. Ideal for contractors, tradespeople, landscapers, service-based businesses, or anyone looking for a live-work opportunity with room to operate.Conveniently located with easy access to Peterborough, Lakefield, and surrounding areas, this is a rare chance to secure a property with residential living, functional workspace, income potential, and exceptional exposure all in one package.Endless potential for the right buyer. Opportunities like this do not come around often.
Full Property Details
General
Business Type
-
Retail Area
448.00 Sq Ft
Office Area
448.00 Sq Ft
Total Area
896.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
448.00 Sq Ft
Office Area
448.00 Sq Ft
Total Area
896.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
No
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
No
Exterior
Depth
200.0
Front
191.0
Lot Size
191 x 200.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Other
Garage Spaces
-
Zoning
Commercial
Depth
200.0
Front
191.0
Lot Size
191 x 200.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Other
Garage Spaces
-
Zoning
Commercial
Building Description
Home Type
Commercial
Subtype
Store W Apt/Office
Year Built
51-99
Water Supply
Well
Possession Date
No Data
Home Type
Commercial
Subtype
Store W Apt/Office
Year Built
51-99
Water Supply
Well
Possession Date
No Data
Community
Community
Selwyn
Community
Selwyn
Taxes & Fees
Taxes
$2,010 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$2,010 /yr
Tax Year
2025
Occupancy
Tenant
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