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.
Property Highlights
For Sale
MLS NO.
E12199797
Type
Commercial
Sub Type
Investment
Square Footage
23262.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E12199797
Security Features
No
Lot Width
90.35
Lot Size
0.39
Lot Size Units
Acres
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Electric Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
183 Queen Street, Scugog, ON L9L 1B8
City
Scugog
Neighbourhood
Port Perry
County / Region
Durham
Province / State
ON
Postal Code
L9L 1B8
Cross Street
Queen & Water
Directions
Queen & Water
Country
CA
List Price
$6,995,000
Annual Taxes
$75,233
Tax Year
2024
Legal Description
LTS 5 & 32 PL H50020; PT LTS 6 & 31 PL H50020 AS IN D111987 * S/E PTS 2, 3 & 4, PL 40R18246 * ; *AMENDED 2002 01 10 BY W. GRIFFIN; T/W EASE OVER PT LT 31, PL H50020, PT 2, 40R18246 AS IN DR321120. TOWNSHIP OF SCUGOG
Possession Type
Immediate
Possession Details
TBD
Listing Office
RE/MAX HALLMARK EASTERN REALTY
Board
Central Lakes Association of REALTORS
Original Entry
2025-06-05T18:52:07Z
Media Updated
2025-06-05T18:52:08Z
Photos Updated
2025-06-05T18:52:08Z
Last Modified
2026-06-26T17:47:26Z
System Modified
2026-06-26T17:47:26.135834Z
MLS Status
Extension
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-12-31
Heat Type Multi
Electric Forced Air
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
267770060
Public Remarks
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.
