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183 Queen Street

183 Queen Street

Scugog, ON

  • 23,262 sqft
  • Investment
  • 462 days on market
$6,995,000Price reduced 13%

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.

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Listing Details

Taxes (2024)
$75,233
Originally Listed
$7,995,000
Listed
June 5, 2025

Price History

Listing history

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Property

Age
100+
Lot Size
90.35 x 186.87 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Queen & Water
Zoning
C3
Parcel Number
267770060
Possession
Immediate
Occupancy
Tenant

Commercial

Business Type
Apts - 13 To 20 Units
Office / Apartment Area
5859 Sq Ft

Included

Inclusions
11 fridges, 11 stoves
Exclusions
Tenant's personal belongings

Community

Postal area L9L

Population
14,620
Private dwellings
5,910
Median age
50.4
Average household size
2.5
Median household income
$107,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Scugog · last 12 months

Median sold price
$870,000
Homes sold
272
Median days on market
24
Sale-to-list price
97.0%

Based on 272 recorded sales of commercial properties in Scugog over the last 12 months.

Listed by

RE/MAX HALLMARK EASTERN REALTY

Walk Score

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Commercial figures

Building area
23,262 sq ft
Price per sq ft
$300.71
Annual property tax
$75,233
Tax per sq ft
$3.23

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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