Homula Realty Brokerage
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666 The Parkway, Peterborough, ON K9J 6W3

Investment
$3,199,000

Well-maintained industrial building, fully leased on a triple-net basis, offering an excellent investment opportunity. The property enjoys high visibility facing The Parkway, with approximately 22,000 vehicles passing the location daily. Zoned M3.2 Industrial, the property offers a wide range of permitted uses and is easily accessible via Kingsway Court. The industrial area features a 10' x 10' overhead door, a 10' x 12' overhead door, and a 6-foot wide double door for service delivery and access, along with a fenced compound suitable for a C-container. The inside office space includes a boardroom equipped with a projector and screen, an enclosed whiteboard, and multiple separate offices. The building is equipped with 3-phase, 650-volt electrical service, multiple panels, two transformers, a natural gas backup generator with automatic transfer switching, and pre-wired Ethernet cabling. The property has high-efficiency furnaces, a rooftop unit, and gas radiant heaters in the rear portion of the building. Additional features include high-efficiency lighting, an automatic lawn sprinkler system, a security system, and three washrooms, including one with a shower. This excellent south-end location with easy access to the Parkway and Highway 115 makes this a strong opportunity for investors.

MLS number
X13661832
Type
Investment
Status
Active
Bedrooms
Bathrooms
Postal code
K9J 6W3
Photos
10
Property tax
$24,565 / year
32days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Roger Neilson Public School
Kawartha Pine Ridge DSB
Elementary752 m5.7 / 10
57% met the standard
St. Alphonsus Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary1.1 km6.4 / 10
64% met the standard
Keith Wightman Public School
Kawartha Pine Ridge DSB
Elementary1.2 km5.9 / 10
59% met the standard
Kenner Intermediate School
Kawartha Pine Ridge DSB
Elementary1.1 kmNot reported
Kenner Collegiate and Vocational Institute
Kawartha Pine Ridge DSB
Secondary1.1 km4.4 / 10
44% met the standard · 2 of 6 measures
Holy Cross Catholic Secondary School
Peterborough Victoria Northum Clarington CDSB
Secondary1.3 km6.1 / 10
61% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 389 people.

$73,000Median household income
67.6%Own their home
75%Detached houses
35.6Median age
5.1%Born outside Canada
10.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150090 — the few blocks around this address, home to 389 people. It describes the area, not this property.

389Population
38.8Average age
2.4Household size
$74,500Average household income
$73,000Median household income
68%Own their home
32%Rent
0%Condominiums
5%Born outside Canada
11%University degree
$450,000Average home value
10%Low income
49%Not in the labour force
34%Never married
$15,000 to $19,9995%
$20,000 to $24,9995%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9997%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over24%
$100,000 to $124,99912%
$125,000 to $149,9997%
$150,000 to $199,9992%
$200,000 and over2%

Percentages are of the 205 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$639,800 · minimum here is $639,800
$14,164.48per month
Borrowed before insurance$2,559,200
Total borrowed$2,559,200
Interest over 25 years at 4.5%$1,690,144

If you rented it out

-$16,211.56per month out of pocket
Rent$0.00
Everything it costs to hold$16,211.56
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Century 21 United Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.