Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Unfinished
Basement Type: N/A
Construction Style - Attachment: Detached
Exterior Finish: Aluminum siding
Floor Space: 1500 - 2000 sqft
Flooring Type: Vinyl
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 6
Bathrooms: 2
Amenities Nearby: Public Transit
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 116.8 Feet
Lot Frontage: 33 Feet
Lot Size: 33 x 116.8 FT
Structure Type: Porch
Utility Type: Hydro - Installed, Cable - Available, Sewer - Installed
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

Primary Bedroom 2nd Level 4.84 m x 3.32 m
4th Bedroom 2nd Level 3.77 m x 3.32 m
5th Bedroom 2nd Level 3.77 m x 2.86 m
Living Main Level 5.09 m x 2.77 m
Kitchen Main Level 5.09 m x 2.04 m
Bedroom Main Level 3.50 m x 3.07 m
2nd Bedroom Main Level 3.07 m x 3.01 m
3rd Bedroom Main Level 3.07 m x 3.01 m

Convert Measurement to:

Courtesy of: RE/MAX HALLMARK FIRST GROUP REALTY LTD.

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Demographic Information of 641 REID STREET, Peterborough, Ontario, K9H 4H6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$77,051.12

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.33 %

High school certificate or equivalent

39.54 %

Apprenticeship trade certificate/diploma

4.24 %

College/non-university certificate

19.1 %

University certificate (below bachelor)

0.26 %

University Degree

20.52 %

Commuter

Travel To Work

By Car

72.77 %

By Public Transit

10.58 %

By Walking

12.0 %

By Bicycle

0.83 %

By Other Methods

3.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.33 %

Houses

53.67 %

641 REID STREET, Peterborough, Ontario, K9H 4H6