Interior area as the listing states it. It does not say whether the figure was measured on site or taken from builder plans.
Property type
Commercial
The listing does not state a style.
Second dwelling
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
Counts and measurements as the listing states them, not verified by us. MLSSource: MLS
Three parties produce a dollar figure for this house, for three different purposes, so they do not agree and were never meant to. The gaps are worked out here rather than left for you to hold in your head.
Asking price
$624,900
Set by the seller and their brokerage. It is a request, and nothing tests it until an offer arrives.
MLSSource: MLS
Our estimate
Not licensedOur estimate: Not shown: our current listing agreement does not licence this figure for display.
Modelled from comparable sales by the explorer further down this page. Change the comparables there and this number moves, which is the reason it is shown at all.
Est.Modelled from comparable sales, not an appraisal
Assessed value, 2025
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
MLSMunicipal assessment and tax roll
Price per square foot
$697
asking price over 896 sqft, an area the listing does not source
Days on market
N/A
no area average shown: our current listing agreement does not licence market statistics
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
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.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
Nest 360 estimate
Our estimate for this listing is not shown here
Not shown: our current listing agreement does not licence this figure for display.
The estimate is built by weighing recent comparable sales, and sold comparables for a specific property are licensed to registered users only. It is withheld rather than approximated: an estimate with the sales taken out of it would be a number with nothing behind it.
Price and listing history
This listing's price and status history is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Prior asking prices, terminations and relists are licensed to registered users only, and there are no accounts on Nest 360 yet. Nothing here should be read as evidence that the current price is the only price this house has been offered at.
Property details
MLSSource: MLS
Type
Commercial
Living area
896 sqft
Lot size
191 by 200 ft
Year built
51-99
Status
For Sale
Occupancy
Tenanted, you inherit the tenancy
Interior and systems
MLSSource: MLS
Heating
Gas Forced Air Closed
Cooling
No
Water
Drilled Well
Taxes and assessment
MLSMunicipal assessment and tax roll
Assessment year
2025
Annual property tax
$2,010
Tax year
2025
Property tax by year
MLSSource: MLS
1 years · latest $2,010
1 years, from $2,010 in 2025 to $2,010 in 2025.
Location and neighbourhood
MLSSource: MLS
Market trend
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
