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For saleMLS® X12723580

339-341 Reid Street, Peterborough, ON K9H 4G3

Town Ward 3 · K9H 4G3

$550,000

$220 / sq ft

9 months on market

Bathrooms
4
Interior
2,500 sf
Parking
8
Lot
50 × 115 ft
Age
51-99 years

What's special

  • 8 parking spaces
  • Central air
  • Finished basement
  • Sump pump
  • Water heater

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About this property

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.

Rooms

20 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
OfficeMain2.69 × 4.23 m8.8 × 13.9 ftB/I Desk
OfficeMain2.67 × 4.23 m8.8 × 13.9 ft—
Common RoomMain4.54 × 4.45 m14.9 × 14.6 ft—
OfficeMain3.29 × 4.16 m10.8 × 13.6 ft—
OfficeMain3.15 × 4.16 m10.3 × 13.6 ft—
BathroomMain2.43 × 2.20 m8.0 × 7.2 ft4 Pc Bath
BathroomMain1.43 × 1.46 m4.7 × 4.8 ft2 Pc Bath
OtherSecond4.12 × 5.18 m13.5 × 17.0 ftB/I Desk
OfficeSecond3.72 × 2.52 m12.2 × 8.3 ft—
OfficeSecond3.72 × 2.56 m12.2 × 8.4 ft—
OfficeSecond2.43 × 3.30 m8.0 × 10.8 ft—
OfficeSecond0.83 × 3.30 m2.7 × 10.8 ft—
OfficeSecond2.67 × 2.64 m8.8 × 8.7 ft—
OfficeSecond2.25 × 3.30 m7.4 × 10.8 ft—
Common RoomSecond4.81 × 4.15 m15.8 × 13.6 ft—
BathroomSecond2.43 × 2.19 m8.0 × 7.2 ft4 Pc Bath
BathroomBasement3.68 × 1.92 m12.1 × 6.3 ft—
Utility RoomBasement3.68 × 2.56 m12.1 × 8.4 ft—
OtherBasement9.11 × 4.05 m29.9 × 13.3 ft—
OtherBasement7.95 × 7.24 m26.1 × 23.8 ft—

Features

  • Sump Pump
  • Water Heater

Property details

Property

Property type
multiplex
Bathrooms
4
Interior size
2,500 sq ft
Year built
51-99
Lot size
50 × 115 ft
Zoning
C5
Possession
flexible

Interior

Basement
Full, Development Potential, Partially Finished
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Brick, Concrete
Parking spaces
8
Sewer
Sewer

Costs

List price
$550,000
Property taxes
$9,946 / year (2025)
Price per sq ft
$220
Rental items
Water heater

Listing

MLS® number
X12723580
Status
For sale
Listed
January 23, 2026
Days on market
286
Last updated
September 15, 2026
Listing brokerage
Engel & Volkers Kawarthas, Port Credit

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 24% of comparable multiplex listings in Town Ward 3 are asking less.

$429KMedian $625K$800K
This home
$220 / sq ft
Comparable median
$283 / sq ft

Based on 21 comparable active multiplex listings in Town Ward 3. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.5% · minimum $30,000
$30,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,875.17
Property tax (est.)
$828.81
Estimated monthly
$3,704

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$7,475
Total due on closing
$7,475

An estimate on the asking price of $550,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Engel & Volkers Kawarthas, Port Credit. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$550,000

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