Rare mixed-use income opportunity in the heart of Havelock. Welcome to 4 George Street, a recently renovated multi-unit detached property offering residential rental income, commercial income, and possible vendor take-back financing. This flexible property features three current income streams under one roof. The commercial unit is currently operating as Papa's Pizza and is leased at $2,250/month plus utilities. The space includes a commercial kitchen, sitting area, two separate washrooms, and a large patio, making it well suited for continued restaurant use or future retail/business use, subject to zoning and municipal approvals. The property also includes two residential rental units. The one-bedroom unit features a full washroom, kitchen, and living space and is currently rented for $1,250/month with utilities included. The second residential unit offers two bedrooms, a kitchen, and a full bathroom and is currently rented for $1,550/month with utilities included. With total current rental income of approximately $5,050/month, plus utilities where applicable, this property offers a rare opportunity for investors seeking cash flow, mixed-use flexibility, and long-term value in Havelock. Conveniently located near Highway 7 and within walking distance to local amenities, this property provides strong tenant appeal, business visibility, and long-term investment potential. A must-see opportunity for investors, first-time buyers, and buyers looking for a mixed-use income property in Peterborough County. Buyer and buyer's representative to verify financing, and vendor take-back terms. Seller will consider taking back a mortgage with a strong down payment, subject to acceptable terms and conditions.
Address
4 George Street W
List Price
$549,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Havelock-Belmont-Methuen
Sub-Area
Havelock
Region
Peterborough
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
9
Rooms (Total)
9
Bathrooms
4
Floor Area
2000-2500 Sq. Ft.
Lot Depth
86
Lot Size Units
Feet
Lot Width
66
Parcel Number
282280358
Occupant Type
Tenant
Cross Street
Oak Street
MLS® Number
X13434130
Listing Brokerage
RE/MAX HALLMARK EASTERN REALTY
Basement Area
Crawl Space
Postal Code
K0L 1Z0
Posession Details
Flexible
Parking
Private Double
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$1,698.71
Tax Year
2025
Site Influences
School
Interior Features
None
Property Features
School
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heating
Yes
Heat Source
Other
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Window Unit(s)
Construction Materials
Aluminum Siding, Brick Front
Direction Faces
East
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Pt Lt 12 Havelock As In R677416
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.14 x 3.58 Meters | |
| Main | Kitchen | 6.17 x 7.24 Meters | |
| Main | Kitchen | 4.14 x 3.58 Meters | |
| Main | Family Room | 3.58 x 3.51 Meters | |
| Main | Recreation | 7.49 x 6.1 Meters | |
| Main | Bedroom | 4.17 x 3.66 Meters | |
| Main | Bedroom | 3.25 x 2.59 Meters | |
| Main | Bedroom | 2.77 x 2.59 Meters | |
| Main | Utility Room | 2.97 x 2.18 Meters |