339-341 Reid Street, Peterborough, ON

$550,000
MLS#:X12723580
0 beds
4 baths
2500-3000 sqft
8.0 parking
Residential Freehold
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Added:Jan 23, 2026(218 days ago)
Updated:Aug 20, 2026(9 days ago)
Last Checked:23 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Town. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 50 x 115 ft lot
  • Features a full, development potential, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Sump Pump, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Excellent opportunity to own a spacious duplex-style property in a desirable central Peterborough location. Offering over 2,700 sq ft, this well-maintained home is currently configured as a professional/medical office but provides strong potential for conversion to mixed use. The flexible layout allows for creative reconfiguration to suit a variety of residential and commercial needs, making it ideal for investors, renovators, or owner-occupiers seeking income potential. A rare feature for the area, the property includes parking for up to8 vehicles. Conveniently located close to downtown amenities, transit, shops, and services, this property offers excellent long-term value in a sought-after neighbourhood.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This duplex located at 339-341 Reid Street, Peterborough is currently for sale and has been available on SousaSells for 218 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 0 beds, 4 bathrooms, and is 2500-3000 square feet. 339-341 Reid Street, Peterborough is in the Town neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Town, Peterborough.

Great for Small Household / Couples
What We Love About This Home
  • •4 well-appointed bathrooms
  • •2500-3000 sqft of generous functional square footage
  • •Desirable Duplex architecture in Town, Peterborough
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

0
Bathrooms
4
0
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedJan 23, 2026 (218 days ago)
UpdatedAug 20, 2026 (9 days ago)
Last Checked23 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2-Storey
ConstructionBrick, Concrete
BasementFull, Development Potential, Partially Finished
Lot Size50 Ă— 115 Feet
CountyPeterborough
Annual Tax$9,945.67
Legal DescriptionPT LT 16 S OF SIMCOE ST & W OF GEORGE ST PL 1 PETERBOROUGH AS IN R500677; S/T & T/W R500677; PETERBOROUGH

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Marina
  • Park
  • Place Of Worship
  • Public Transit

Interior Features

  • Sump Pump
  • Water Heater

Security Features

  • Alarm System
  • Security System

Community Features

None listed

Frequently Asked Questions about 339-341 Reid Street, Peterborough, ON

Q.What is the asking price for 339-341 Reid Street, Peterborough, ON ?

The current listing price for 339-341 Reid Street, Peterborough, ON in Town, Peterborough is $550,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 339-341 Reid Street, Peterborough, ON ?

339-341 Reid Street, Peterborough, ON is a Duplex (2-Storey) featuring a Full, Development Potential, Partially Finished basement.

Q.What key property features does 339-341 Reid Street, Peterborough, ON offer?

Key property features include: Hospital, Library, Marina, Park, Place Of Worship, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Sump Pump, Water Heater.

Q.What security features are installed at 339-341 Reid Street, Peterborough, ON ?

Security features include: Alarm System, Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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339-341 Reid Street, Peterborough, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Town, Peterborough

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 339-341 Reid Street, Peterborough, ON K9H 4G3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

Configure Loan Settings

Interest Rate4.00%
Down Payment$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Peterborough, ON

For a property listed at $550,000 in Peterborough, the legal minimum down payment is $30,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,475 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,475.

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Town, Peterborough Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Town, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$679,965

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Best Schools in Town, Peterborough

Elementary Schools

Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Prince of Wales
Public1211 Monaghan Road, Peterborough, Ontario, K9J 5L4
4.1
St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6

Secondary Schools

Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3
St. Peter’s
CatholicPeterborough, Ontario
6.7
Thomas A Stewart
Public1009 Armour Road, Peterborough, Ontario, K9H 7H2
4.5

Town, Peterborough Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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