About this property

1155 Water Street presents a rare opportunity to acquire a substantial institutional asset in the heart of Peterborough. Situated on approximately 3.2 acres, the property features a bright, single-storey building encompassing approximately 39,489 square feet. The barrier-free design offers seamless accessibility throughout, complemented by abundant natural light and beautifully maintained outdoor garden and patio areas. Strategically located along a major corridor and just minutes from Peterborough Regional Health Centre, emergency services, retail amenities, and established residential neighbourhoods, the property is exceptionally positioned for a wide range of future uses. Existing institutional zoning permits numerous healthcare, educational, community, religious, and assembly-related uses, while the property's scale, layout, and location may also present opportunities for alternative residential or multifamily redevelopment, subject to municipal approvals. With its significant building footprint, established infrastructure, versatile zoning permissions, and prime location within one of Ontario's fastest-growing regional centres, 1155 Water Street represents a compelling opportunity for investors, developers, owner-occupiers, and organizations seeking a value-add institutional asset with substantial repositioning and redevelopment potential.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13457304
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	39,489 sq ft
Lot Size	3 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Northcrest Ward 5
City	Peterborough
Postal Code	K9H 3P8
Province	ON
Listed Date	June 17, 2026
Days on Market	50
Price per Sq Ft	$200
Brokerage	COLLIERS