
183 Queen Street
Scugog, ON
- 23,262 sqft
- Investment
- 462 days on market
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
Walk Score is unavailable for this address right now.
Location
Street View
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.
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