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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bath Commercial Property in Kawartha Lakes
About 40 King Street East
Prime commercial opportunity on Hwy 7 in the City of Kawartha Lakes! High visibility 0.35 acre property offering 92.5 ft of frontage on Hwy 7 and excellent exposure between Peterborough and Lindsay. Currently operating as a successful automotive repair shop with over 40 years of established history, this property presents outstanding potential for investors, developers, or owner operators. Zoned General Commercial (C1), permitted uses include business and professional offices, retail and convenience stores, medical clinics, health centres, commercial schools, clubs, recreational or service shops, personal service businesses, upholstery and furniture repair, bed & breakfast establishments, and residential units within a mixed use building. Dual access from Hwy 7 and Mary St provides added flexibility for site layout, operations, or future redevelopment potential. Situated steps from the Pigeon River and within walking distance to Omemee amenities. Excellent opportunity to continue the existing use or bring your own vision to this prime commercial location with strong exposure and endless possibilities.
Kawartha Lakes retail priced at $475,000 — book a tour to see if it fits your search.
Inside 40 King St E
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0.35
Listing & possession
Property class
Commercial Retail
40 King St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13098020$475,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 40 King St E Compares to the Kawartha Lakes 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.
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.
Similar homes for sale nearby in Kawartha Lakes
Other homes for sale in Kawartha Lakes around $475K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings933Homes for sale here right now.
Median vs prior 90 days−3.0%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 513 sales from Jul 25 – Oct 23, 2026 (356 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 40 King St E
How much is 40 King St E listed for?
40 King St E is listed at $475,000 (MLS® X13098020). Summitly updates the price as soon as the MLS® record changes.
Has the price of 40 King St E changed?
No — 40 King St E is still listed at its original asking price of $475,000.
How many bedrooms and bathrooms does 40 King St E have?
40 King St E has 1 bathroom. It is a commercial property in Kawartha Lakes.
How does 40 King St E compare with other homes in Kawartha Lakes?
Its asking price of $475,000 is about 22% below the median sold price in Kawartha Lakes over the last 90 days, $607,500, across 513 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 40 King St E been sold before?
Summitly has no earlier MLS® sale or lease of 40 King St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 King St E?
40 King St E is in Kawartha Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 King St E been on the market?
169 days — 40 King St E was listed on May 7, 2026.
What is the land transfer tax on 40 King St E?
About $5,975 in Ontario land transfer tax at the asking price of $475,000. 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 40 King St E 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 40 King St E?
The listing for 40 King St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Kawartha Lakes.
When was 40 King St E built?
The listing for 40 King St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.