$475,000
5.14 BTC
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641 Reid Street, Peterborough
$475,000
PRICE
6
BEDROOMS
2
BATHROOMS
X12784190
MLSID

641 Reid Street, Peterborough

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.
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Summary

Address
641 Reid Street
Community
MLSID
X12784190
Property Type
Detached
Property Category
Bedrooms
6
Bathrooms
2
Kitchens
1
Taxes (Annual)
$3,644.43
Tax Year
2025
Published
February 12, 2026
Days on Market
5 Days
Possession Type
Flexible
Possession Details
30/60
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Inclusions

Fridge, Stove, Washer, Dryer, Hot Water Tank

Exclusions

Students Furniture and Belongings

Details

Property Features
Public Transit, Other
Bathroom 1
4-Piece Second Level
Bathroom 2
4-Piece Main Level
Basement
Unfinished
Exterior Features
Porch, Privacy
Interior Features
Primary Bedroom - Main Floor, Other, Storage, Water Heater
Parking Spaces
4
Parking Total
4
Parking Features
Private
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding
Lot Width
33 Feet
Lot Depth
117 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX HALLMARK FIRST GROUP REALTY LTD.
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