Residentiae.
For Sale · Central Lakes

339-341 REID STREET

Central Lakes · K9H4G7

$550,000

0Bedrooms
4Bathrooms
8Parking
2,500Sq Ft
2Storeys

About this residence

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. (id:61366)

Property details

Property type
Multi-family
Style
Duplex
Bedrooms
0 (0 above)
Bathrooms
4 (2 half)
Storeys
2
Living area
2,500–3,000 sq ft
Lot size
50 x 115 FT
Frontage
50 feet
Parking
8 spaces
Annual tax
$9,946
MLS®
X12723580
Board
Central Lakes
Status
Active
Listed
Jan 23, 2026
Updated
Jul 2, 2026

Room dimensions

RoomLevelDimensions
OtherSecond level4.12 × 5.18 m
OfficeMain level2.67 × 4.23 m
OfficeMain level3.29 × 4.16 m
OfficeMain level3.15 × 4.16 m
BathroomMain level2.43 × 2.2 m
BathroomMain level1.43 × 1.46 m
BathroomBasement3.68 × 1.92 m
Utility roomBasement3.68 × 2.56 m
OtherBasement9.11 × 4.05 m
OtherBasement7.95 × 7.24 m
OfficeSecond level3.72 × 2.52 m
OfficeSecond level3.72 × 2.56 m
OfficeSecond level2.43 × 3.3 m
OfficeSecond level0.83 × 3.3 m
OfficeSecond level2.67 × 2.64 m
OfficeSecond level2.25 × 3.3 m
BathroomSecond level2.43 × 2.19 m
OfficeMain level2.69 × 4.23 m

Features & finishes

Appliances

  • Refrigerator
  • Alarm System
  • Window Coverings
  • Water Heater
  • Water meter

Heating

  • Forced air
  • Natural gas

Cooling

  • Central air conditioning

Basement

  • Full
  • Partially finished

Exterior

  • Brick
  • Concrete

Foundation

  • Concrete

Parking

  • No Garage

Lot

  • Flat site
  • Sump Pump

Sewer & Utilities

  • Sanitary sewer
  • Cable
  • Electricity
  • Sewer

Financing

Mortgage calculator

Estimated monthly payment

$2,572/mo

Amortization

Loan amount

$440,000

Down payment

$110,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Central Lakes

About the area

Census · K9H
29,704
Population
42
Median age
$64,000
Median income
$500,000
Median home value
53%
Home ownership
21 min
Avg. commute

Age distribution

0–14
13%
15–24
13%
25–44
26%
45–64
23%
65+
24%

Tenure

53% owners47% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 339-341 REID STREET?

339-341 REID STREET is listed for $550,000, in Central Lakes.

How many bedrooms and bathrooms does 339-341 REID STREET have?

It offers 0 bedrooms and 4 bathrooms (including 2 half-baths).

What type of home is 339-341 REID STREET?

339-341 REID STREET is a Multi-family, Duplex set over 2 storeys.

How large is 339-341 REID STREET?

The home offers approximately 2,500–3,000 sq ft of living space on a lot measuring 50 x 115 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,572. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $9,946 per year.

Is there parking?

Yes — 339-341 REID STREET includes 8 parking spaces.

What is the Central Lakes area like?

Central Lakes has a population of about 29,704, a median age of 42, a 53% home-ownership rate, with an average commute of about 21 minutes.

What is the average home value in Central Lakes?

The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.

What is the median household income in Central Lakes?

The median household income in this area is approximately $64,000.

Private viewings

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