Skip to main content
3171 Lakefield Road

3171 Lakefield Road

Selwyn, ON

  • 896 sqft
  • Store W Apt/Office
$624,900

Unique opportunity at 3171 Lakefield Road offering exceptional flexibility in a prime high-traffic location. This property is ideally suited for someone looking for strong outdoor space, storage, parking, and exposure while also benefiting from an on-site residential component. The main floor features a bright and functional two-bedroom, one-bathroom apartment, making it an excellent option for an owner-occupier, employee housing, or immediate rental income. The lower level includes a walkout basement with a garage and separate entrance, providing a great space for storage, workshop use, small business operations, or contractor needs. Adding to the appeal, the property currently generates income from both the residential and exterior use. The apartment is rented for $2,100 per month, while an outdoor tenant contributes an additional $800 per month, creating a combined monthly income of $2,900 and providing immediate cash flow for investors or owner-operators. The true value of this property lies in its versatility and visibility. With plenty of on-site parking and excellent exposure along Lakefield Road, this property is well suited for a variety of uses where outdoor space and accessibility are important. Ideal for contractors, tradespeople, landscapers, service-based businesses, or anyone looking for a live-work opportunity with room to operate. Conveniently located with easy access to Peterborough, Lakefield, and surrounding areas, this is a rare chance to secure a property with residential living, functional workspace, income potential, and exceptional exposure all in one package. Endless potential for the right buyer. Opportunities like this do not come around often.

Listing Details

Taxes (2025)
$2,010
Listed
May 29, 2026

Price History

Listing history

Sign in to view

Property

Age
51-99
Lot Size
191 x 200 Feet

Parking

Garage
Other

Utilities

Water
Drilled Well

Location & Legal

Cross Street
7th Line and Lakefield Road
Zoning
Commercial
Parcel Number
284090099
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
448 Sq Ft

Included

Inclusions
Fridge, stove, washing machine, dryer

Community

Postal area K9J

Population
44,547
Private dwellings
19,998
Median age
44
Average household size
2.3
Median household income
$72,500

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 Selwyn · last 12 months

Median sold price
$685,000
Homes sold
243
Median days on market
29
Sale-to-list price
95.6%

Based on 243 recorded sales of commercial properties in Selwyn over the last 12 months.

Listed by

Ball Real Estate Inc.

Walk Score

6

Walk

31

Bike

Scores by Walk Score®

Commercial figures

Building area
896 sq ft
Price per sq ft
$697.43
Annual property tax
$2,010
Tax per sq ft
$2.24

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

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The main floor features a bright and functional two-bedroom, one-bathroom apartment, making it an excellent option for an owner-occupier, employee housing, or immediate rental income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences