$549,000Asking Price
Rare mixed-use income opportunity in the heart of Havelock. Welcome to 4 George Street, a recently renovated multi-unit detached property offering residential rental income, commercial income, and possible vendor take-back financing. This flexible property features three current income streams under one roof. The commercial unit is currently operating as Papa's Pizza and is leased at $2,250/month plus utilities. The space includes a commercial kitchen, sitting area, two separate washrooms, and a large patio, making it well suited for continued restaurant use or future retail/business use, subject to zoning and municipal approvals. The property also includes two residential rental units. The one-bedroom unit features a full washroom, kitchen, and living space and is currently rented for $1,250/month with utilities included. The second residential unit offers two bedrooms, a kitchen, and a full bathroom and is currently rented for $1,550/month with utilities included. With total current rental income of approximately $5,050/month, plus utilities where applicable, this property offers a rare opportunity for investors seeking cash flow, mixed-use flexibility, and long-term value in Havelock. Conveniently located near Highway 7 and within walking distance to local amenities, this property provides strong tenant appeal, business visibility, and long-term investment potential. A must-see opportunity for investors, first-time buyers, and buyers looking for a mixed-use income property in Peterborough County. Buyer and buyer's representative to verify financing, and vendor take-back terms. Seller will consider taking back a mortgage with a strong down payment, subject to acceptable terms and conditions.
Rare mixed-use income opportunity in the heart of Havelock. Welcome to 4 George Street, a recently renovated multi-unit detached property offering residential rental income, commercial income, and possible vendor take-back financing. This flexible property features three current income streams under one roof. The commercial unit is currently operating as Papa's Pizza and is leased at $2,250/month plus utilities. The space includes a commercial kitchen, sitting area, two separate washrooms, and a large patio, making it well suited for continued restaurant use or future retail/business use, subject to zoning and municipal approvals. The property also includes two residential rental units. The one-bedroom unit features a full washroom, kitchen, and living space and is currently rented for $1,250/month with utilities included. The second residential unit offers two bedrooms, a kitchen, and a full bathroom and is currently rented for $1,550/month with utilities included. With total current rental income of approximately $5,050/month, plus utilities where applicable, this property offers a rare opportunity for investors seeking cash flow, mixed-use flexibility, and long-term value in Havelock. Conveniently located near Highway 7 and within walking distance to local amenities, this property provides strong tenant appeal, business visibility, and long-term investment potential. A must-see opportunity for investors, first-time buyers, and buyers looking for a mixed-use income property in Peterborough County. Buyer and buyer's representative to verify financing, and vendor take-back terms. Seller will consider taking back a mortgage with a strong down payment, subject to acceptable terms and conditions.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 20.24' x 23.75' | |
| 2 | Kitchen | Main | 13.58' x 11.75' | |
| 2 3-Piece Bathrooms on Main Floor | ||||
| 2 2-Piece Bathrooms on Main Floor | ||||
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Havelock, Havelock-Belmont-Methuen is an east GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 44.
Kids Per Family
1.0
kids per family
in the neighbourhood.
42%
of residents are
single and loving it.
42% singles
Havelock-Belmont-Methuen (35%)
30%
of residents
are renters.
30% renters
Havelock-Belmont-Methuen (13%)
8%
of residents are
university grads.
8% university grads
Havelock-Belmont-Methuen (11%)Average Household Income
$60K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Trades | 11% |
| Business | 6% |
| Government | 6% |
| Sciences | 4% |
6%
of residents were
born outside of Canada.
6% immigrants
Havelock-Belmont-Methuen (7%)2.8% from Germany
All-time
Foreign Languages
| German | 1% |
| Korean | 1% |
Religions
| Christian | 42% |