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339-341 Reid Street

339-341 Reid Street

Peterborough, ON

  • 4 bath
  • approx. 2500-3000 sqft
  • Duplex
  • 240 days on market
$550,000Price reduced 15%

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.

Listing Details

Taxes (2025)
$9,946
Originally Listed
$650,000
Listed
January 23, 2026

Price History

Listing history

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Property

Style
2-Storey
Age
51-99
Construction
Brick, Concrete
Roof
Shingles
Foundation
Concrete
Interior
Sump Pump, Water Heater
Lot Size
50 x 115 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
8

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Simcoe St, Reid St & Charlotte St.
Zoning
C5
Parcel Number
280890070
Possession
Flexible
Occupancy
Owner+Tenant

Included

Inclusions
Alarm System, Window Coverings, Refrigerator in upstairs washroom.
Exclusions
All Office and Medical Equipment, Desks, Lamps, and Cabinets not attached to the wall.
Rental Items
Water heater

Schools

Secondary

  • Peterborough Collegiate and Vocational School0.5 km

    Public · Kawartha Pine Ridge DSB · 385 students

  • St. Peter Catholic Secondary School1.3 km

    Catholic · Peterborough Victoria Northum Clarington CDSB · 1035 students

    Grade 10 literacy: 83% met the provincial standard

  • Adam Scott Collegiate and Vocational Institute2.3 km

    Public · Kawartha Pine Ridge DSB · 1055 students

    Grade 10 literacy: 85% met the provincial standard

Elementary

  • Queen Mary Public School0.9 km

    Public · Kawartha Pine Ridge DSB · 370 students

    Grade 3 reading: 69% met the provincial standard · Grade 6 math: 29% met the provincial standard

  • Prince of Wales Public School1.3 km

    Public · Kawartha Pine Ridge DSB · 555 students

    Grade 3 reading: 49% met the provincial standard · Grade 6 math: 33% met the provincial standard

  • Highland Heights Public School1.4 km

    Public · Kawartha Pine Ridge DSB · 240 students

    Grade 3 reading: 38% met the provincial standard · Grade 6 math: 32% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Property Insights

hot tubneeds workdeck patiotile floorshardwood floorsupdated bathroom

AI-generated from listing photos. Not professional advice.

Community

Postal area K9H

Population
29,704
Private dwellings
14,391
Median age
42
Average household size
2.2
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Peterborough · last 12 months

Median sold price
$555,000
Homes sold
1,040
Median days on market
25
Sale-to-list price
97.1%

Based on 1,040 recorded sales of residential freehold properties in Peterborough over the last 12 months.

Rooms

4-piece on Main, 4-piece on Upper, 2-piece on Main, 2-piece on Basement

Second

  • Bathroom8' x 7'2"
  • Common Room15'9" x 13'7"
  • Office8'9" x 8'8"
  • Office2'9" x 10'10"
  • Office8' x 10'10"
  • Office12'2" x 8'5"
  • Office7'5" x 10'10"
  • Office12'2" x 8'3"
  • Other13'6" x 17'

Main

  • Bathroom8' x 7'3"
  • Bathroom4'8" x 4'9"
  • Common Room14'11" x 14'7"
  • Office10'4" x 13'8"
  • Office8'10" x 13'11"
  • Office8'9" x 13'11"
  • Office10'10" x 13'8"

Basement

  • Bathroom12'1" x 6'4"
  • Other29'11" x 13'3"
  • Other
  • Utility Room12'1" x 8'5"

Listed by

Engel & Volkers Kawarthas, Port Credit

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$110,000

Estimated Monthly Payment

$2,702

Land transfer tax

Estimated land transfer tax$7,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,702/mo (20% down, 5.5%)

Taxes: $829/mo · Insurance: $138/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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