1200 Lansdowne Street W, Peterborough, ON K9J 2A1
Otonabee Ward 1, Peterborough · Near Lansdownne St W/ The Parkway · View map
About this home
A rare opportunity! Own a well-established Chinese restaurant with over 20 years of successful operation and an outstanding reputation in the community. Featuring approximately 100 seats, buffet area, and eligibility for a liquor licence, this fully equipped turnkey business is ready for immediate operation. Enjoy a loyal customer base, strong and consistent sales, ample on-site parking for customers' convenience. There is tremendous potential for future growth by expanding online ordering and delivery services through platforms such as Uber Eats, DoorDash, Skip. The owner is retiring after many successful years, creating an exceptional opportunity for an ambitious owner-operator or investor to take this thriving business to the next level. Don't miss this exceptional opportunity to own a profitable, long-established restaurant with unlimited growth potential. The buyer will have the opportunity to enter into a new lease with the landlord, subject to the landlord's approval.
The home
- Type
- Sale of business
- Square footage
- 2515 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Property taxes
- $5,537/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Immediate/ TBA
- Cross street
- Lansdownne St W/ The Parkway
- Neighbourhood
- Otonabee Ward 1
More
- MLS® number
- X13523476
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1200 Lansdowne Street, Peterborough, ON K9J 2A1
Otonabee Ward 1, Peterborough · Near Lansdownne St W/ The Parkway
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Listing history for 1200 Lansdowne Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1200 Lansdowne Street W
Answers come straight from this home’s MLS® listing.
How much is 1200 Lansdowne Street W listed for, and what would it cost each month?
1200 Lansdowne Street W is listed for $99,000. With 20% down ($19,800), the mortgage payment would be roughly $399 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $861 a month, all in. That figure is an illustration, not a quote.
Is 1200 Lansdowne Street W freehold or a condo, and is there a monthly fee?
1200 Lansdowne Street W is a sale of business in Otonabee Ward 1, Peterborough. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1200 Lansdowne Street W have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 1200 Lansdowne Street W?
1200 Lansdowne Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 1200 Lansdowne Street W heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 1200 Lansdowne Street W?
Property taxes are $5,537 a year (2026), or about $461 a month.
Where is 1200 Lansdowne Street W?
1200 Lansdowne Street W is in the Otonabee Ward 1 community of Peterborough. The nearest main intersection is Lansdownne St W/ The Parkway. The postal code is K9J 2A1.
Is 1200 Lansdowne Street W still for sale?
Yes. It is an active listing (MLS® X13523476). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1200 Lansdowne Street W asking?
Similar properties for sale nearby right now include Unit #10 - 833 Chemong Road at $110,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1200 Lansdowne Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1200 Lansdowne Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Courtesy of: RE/MAX CROSSROADS REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.