$624,900
FOR SALE

Store W/Apartment/Office

Lot: 191 x 200 ft
2025 Taxes: $2,010

3171 Lakefield Rd
Selwyn, ON K9J 6X5 | Peterborough

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.
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Listed By Ball Real Estate Inc.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13214492
Last Updated May 29, 2026
Property Summary
Property Type Store W/Apartment/Office

More like this:
PIN 284090099
Legal Description PT E 1/2 LT 25 CON 7 SMITH AS IN R141328 EXCEPT R325547 & R510870 SELWYN
Possession Date TBA
Taxes (2025) $2,010
Directions/Cross Streets 7th Line and Lakefield Road
Neighbourhood Selwyn
Area Peterborough
Price History

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Detailed Information
Freestanding Y
Lot 191 x 200 ft
Air Conditioning No
Basement Basement
Garage Type Other
Heat Type Gas Forced Air Closed
Water Drilled Well

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