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.
Address
339-341 Reid Street
List Price
$599,900
MLS® Status
Price Change
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
Town Ward 3
Rooms Above Grade
18
Rooms Below Grade
5
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
115
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
50
Parcel Number
280890070
Parcel of Tied Land
No
Occupant Type
Owner+Tenant
Cross Street
Simcoe St, Reid St & Charlotte St.
Approx. Age
51 - 99 Years
MLS® Number
X12723580
Listing Brokerage
Bowes & Cocks Limited
Basement Area
Full, Development Potential, Partially Finished
Postal Code
K9H 4G3
Posession Details
flexible
Parking
Private
Parking Places (Total)
8
Parking Spaces
8
Tax Amount
$9,945.67
Tax Year
2025
Site Influences
Deck, Hospital, Library, Marina, Park, Place Of Worship, Public Transit
Exterior Features
Deck
Interior Features
Sump Pump, Water Heater
Property Features
Hospital, Library, Marina, Park, Place Of Worship, Public Transit
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Concrete
UFFI
No
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 16 S OF SIMCOE ST & W OF GEORGE ST PL 1 PETERBOROUGH AS IN R500677; S/T & T/W R500677; PETERBOROUGH
Security Features
Alarm System, Security System
Topography
Flat
View Type
Downtown
Waterfront
No
Waterfront
None
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Second | Other | 4.12 x 5.18 | B/I Desk |
| Second | Office | 3.72 x 2.52 | |
| Second | Office | 3.72 x 2.56 | |
| Second | Office | 2.43 x 3.3 | |
| Second | Office | 0.83 x 3.3 | |
| Second | Office | 2.67 x 2.64 | |
| Second | Office | 2.25 x 3.3 | |
| Second | Common Room | 4.81 x 4.15 | |
| Second | Bathroom | 2.43 x 2.19 | 4 Pc Bath |
| Main | Office | 2.69 x 4.23 | B/I Desk |
| Main | Office | 2.67 x 4.23 | |
| Main | Common Room | 4.54 x 4.45 | |
| Main | Office | 3.29 x 4.16 | |
| Main | Office | 3.15 x 4.16 | |
| Main | Bathroom | 2.43 x 2.2 | 4 Pc Bath |
| Main | Bathroom | 1.43 x 1.46 | 2 Pc Bath |
| Basement | Bathroom | 3.68 x 1.92 | |
| Basement | Utility Room | 3.68 x 2.56 | |
| Basement | Other | 9.11 x 4.05 | |
| Basement | Other | 7.95 x 7.24 |