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$549,000Asking Price

4 George Street W, Havelock-Belmont-Methuen, ON K0L 1Z0

Havelock, Havelock-Belmont-Methuen

Detached
3
Bedrooms
4
Baths
2
Parking
Days on Market

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.

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Tour this home:

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.

Key Info

  • Bungalow Detached
  • 2-Car Driveway
  • No Garage
  • Oak Street
  • 2000-2500 Approximate Sq Feet
  • Crawl Space Basement
  • 2 Kitchens
  • Forced Air

Property

  • Lot Size 66 x 86 Feet
  • Aluminum Siding/Brick Front Exterior
  • Taxes were $1,698 in 2025
  • Possession: Flexible

Details

  • No Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #X13434130
  • RE/MAX HALLMARK EASTERN REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 20.24' x 23.75'
2 Kitchen Main 13.58' x 11.75'
Washroom2 3-Piece Bathrooms on Main Floor
Washroom2 2-Piece Bathrooms on Main Floor

Who lives here?

Havelock, Havelock-Belmont-Methuen is an east GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 44.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Havelock-Belmont-Methuen  (0.7)

Singles

42% of residents are
single and loving it.

42% singles

Havelock-Belmont-Methuen (35%)

Renters

30% of residents
are renters.

30% renters

Havelock-Belmont-Methuen (13%)

Education

8% of residents are
university grads.

8% university grads

Havelock-Belmont-Methuen (11%)

Income

Average Household Income

$60K

is the average household
income in the neighbourhood.

Havelock-Belmont-Methuen  ($80K)

Professions

Professions

Sales 16%
Trades 11%
Business 6%
Government 6%
Sciences 4%

Immigrants

6% of residents were
born outside of Canada.

6% immigrants

Havelock-Belmont-Methuen (7%)

Birthplace - All

Germany was once home to 2.8% of immigrants.
Hungary 1.2%
UK 0.7%
Pakistan 0.3%
South Africa 0.1%

2.8% from Germany
All-time

Foreign Languages

Foreign Languages

German 1%
Korean 1%

Religions

Religions

Christian 42%