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183 Queen Street, Scugog, ON L9L 1B8

Scugog, ON, L9L 1B8 · Port Perry

Sq Ft
Investment Type
E12199797 MLS#

About this property

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.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Yes
  • Heat Type: Electric Forced Air

Property Details

Property Type Commercial
Property Sub-Type Investment
Lot Size 0 Feet
Garage Outside/Surface
Heat Type Electric Forced Air
Cooling Yes
Annual Tax $75,233
Tax Year 2024

Building & Construction

Approximate Age
100+
Building Area Total
23262

Heating & Cooling

Heat Type
Electric Forced Air
Cooling
Yes

Parking & Garage

Garage Type
Outside/Surface

Lot & Land

Lot Size Area
0.39
Lot Size Units
Feet
Lot Depth
186.87
Lot Width
90.35

Community & Neighborhood

Community Features
Major Highway, Recreation/Community Centre

Financial & Tax

Tax Annual Amount
$75,233
Tax Year
2024
Tax Assessed Value
$2,845,000
Possession Type
Immediate
Possession Details
TBD

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Durham
Cross Street
Queen & Water
Directions
Queen & Water
Showing Requirements
List Salesperson
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY
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