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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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183 Queen Street Scugog
For SalePrice DropScugog

183 Queen Street Scugog, Investment for Sale

MLS® E12199797

Scugog, ON

520 days on market
$6,995,000
Previously $7,995,000
Show on Map
Show on Map
N/ABeds
N/ABaths
23,262Sqft
N/AParking
Investment

Overview· 183 Queen Street Scugog

MLS® #E12199797

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.

Inclusions

11 fridges, 11 stoves

Exclusions

Tenant's personal belongings

Broker

RE/MAX HALLMARK EASTERN REALTY

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Walk Score®91Walker's ParadiseWalker's Paradise
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®51BikeableBikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 183 Queen Street Scugog

Source: MLS® listing data
183 Queen Street Scugog

Investment

183 Queen Street Scugog

Scugog

Built

100+

Type

Investment

Parking

Outside/Surface

Property Tax

~$75,233/yr

Heating

Electric Forced Air

Buying Essentials

Square Feet

23262 sqft

Parking

Outside/Surface

Finances

List Price

$6,995,000

Price per SQFT

$301/sqft

Property Tax

~$75,233/yr

Property Specs

Property Type

Investment

MLS Size

23262 sqft

Age of Building

100+

Living & Amenities

Heating Type

Electric Forced Air

Policies & Utilities

Neighbourhood

Scugog

Listed On

Jun 5, 2025

Major Highway

Recreation/Community Centre

Price & Listing History

Days on Market

Current: 520 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$28,135/mo
Property Tax$6,269/mo
Total Monthly$34,405

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0