For Sale

641 Reid Street, Peterborough, Ontario K9H 4H6

$475,000

641 Reid Street, Peterborough, Ontario K9H 4H6 is For Sale and has a listing price of 475,000. The property is located in the Peterborough . It's been on the website for 1 Day.

  • Detached
    Property Type
  • 6
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12784190
  • Office Name RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Property Description

Discover 641 Reid St, a standout property in the heart of historic downtown Peterborough. This 6-bedroom, 2-bathroom residence is situated on a generous corner lot and boasts a newly installed fence, offering a private yard along with parking for four vehicles which is a rare find in this neighbourhood. The home has been thoughtfully updated with luxury vinyl plank flooring throughout, a modern open-concept kitchen complete with quartz countertops and built-in speakers, and a newly renovated staircase. Laundry is conveniently located on the upper level. Each of the six bedrooms is spaciously designed, providing ample room for tenants or a growing family. Currently operating as a legal student rental, the property generates $4,300 per month, delivering positive cash flow from the start. Whether you’re looking for a move-in-ready investment or a character-filled family home with contemporary upgrades, 641 Reid St offers the perfect blend of charm and modern living. Recent improvements include new siding (2024), a new fence (2024), luxury vinyl plank flooring (2023), quartz kitchen countertops (2023), pot lights (2023), renovated stairs (2024), fresh paint (2023), and a new porch (2022). The furnace was replaced in 2017, the roof is approximately 12 years old, and the hot water tank is owned. Offers welcome anytime.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12784190
  • Price: $475,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 116.84
  • Ref ID: X12784190
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Reid/Edinburgh
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
02/12/2026 X12784190 $475,000 For Sale - -
11/05/2025 X12511650 $495,000 For Sale 02/12/2026 -
05/23/2024 X8364936 $529,000 Cancelled 07/16/2024 -
05/16/2024 X8343982 $399,000 Cancelled 05/22/2024 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Peterborough
  • $667,508 Average List Price
    based on 1 year
  • 241 New Listings
    based on 30 days
  • 35 Median Days on Market
    based on 1 year
  • List vs. Selling Price 87.75 % Up
  • Sold (12mo) 488
  • Rented (12mo) 108

  • 1 Month Change -17.1%
  • 3 Month Change -3.3%
  • 6 Month Change +17.1%
Walkscore
Property Type Distribution
  • All Houses
    83.44%
  • Commercial
    6.81%
  • Condo
    9.6%
  • Land for Sale
    0.15%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 1 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Aluminum Siding
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,644
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30/60
  • Listing Entry Date: 12/02/2026 18:39:48
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