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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Peterborough
About 1200 Lansdowne Street West
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.
Peterborough business priced at $99,000 — book a tour to see if it fits your search.
Inside 1200 Lansdowne St W
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
1200 Lansdowne St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13523476$99,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1200 Lansdowne St W Compares to the Peterborough Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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From 1200 Lansdowne St W. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Book a tour of 1200 Lansdowne St W with a licensed buyer's agent
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Ask about 1200 Lansdowne St W day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings395Homes for sale here right now.
Median vs prior 90 days+3.6%Compared with May 5 – Aug 3, 2026: prices up.
Based on 374 sales from Aug 3 – Nov 1, 2026 (327 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1200 Lansdowne St W
How much is 1200 Lansdowne St W listed for?
1200 Lansdowne St W is listed at $99,000 (MLS® X13523476). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1200 Lansdowne St W changed?
No — 1200 Lansdowne St W is still listed at its original asking price of $99,000.
How many bedrooms and bathrooms does 1200 Lansdowne St W have?
The listing for 1200 Lansdowne St W doesn't publish its bedroom and bathroom count. It is a commercial property in Peterborough.
How does 1200 Lansdowne St W compare with other homes in Peterborough?
Its asking price of $99,000 is about 83% below the median sold price in Peterborough over the last 90 days, $570,000, across 374 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1200 Lansdowne St W been sold before?
Summitly has no earlier MLS® sale or lease of 1200 Lansdowne St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1200 Lansdowne St W?
1200 Lansdowne St W is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1200 Lansdowne St W been on the market?
120 days — 1200 Lansdowne St W was listed on July 4, 2026.
What is the land transfer tax on 1200 Lansdowne St W?
About $715 in Ontario land transfer tax at the asking price of $99,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1200 Lansdowne St W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1200 Lansdowne St W?
The listing for 1200 Lansdowne St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Peterborough.
When was 1200 Lansdowne St W built?
The listing for 1200 Lansdowne St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.