3171 Lakefield Road, Selwyn
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 permonth, 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. (id:1945)
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Property details for 3171 Lakefield Road, Selwyn
- Type
- Commercial
- Living Area
- 896 square feet
- Lot Size
- Bldg=191 x 200 FT
- Parking
- Other
- Heating
- Forced air, Natural gas
- Cooling
- None
- Annual Taxes
- $2,010
Nearby Listings Stat
Estimated price and comparable properties near 3171 Lakefield Road
Active Listings
15
Min Price
$349,900
Max Price
$2,750,000
Avg Price
$1,002,073
Days on Market
50
days
Sold Listings
6
Min Sold Price
$499,000
Max Sold Price
$1,089,900
Avg Sold Price
$696,133
Days until Sold
88
days
Neighbourhood Census Data
Smith-Ennismore-Lakefield, Ontario
Population
682
Median Age
46.3
Median Income
$35,456
Dwelling Value
$250,755
Housing Tenure
Owners 87%
Renters 13%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 123.0/km²
Avg Shelter Cost: $1,004/mo
Owners with Mortgage: 56.8%
Owners Spending 30%+: 17.8%
Tenants Spending 30%+: 66.7%
English only: 92.7%
English and French: 6.6%
Median Household Income: $72,192
Median Employment Income: $31,168
Price History
Listed
September 14, 2026
by BALL REAL ESTATE INC.
Current Price
$599,900
-4% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $599,900 | $25,000 (-4%) |
| Sep 14, 2026 | $624,900 | Listed |
Contact Agent Get in touch about 3171 Lakefield Road, Selwyn
JEFF SANDS
BALL REAL ESTATE INC.
