218 Park Street, Peterborough, ON

$499,000
MLS#:X12878106
3 beds
3 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] duplex located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 32.1 x 98.1 ft lot
  • Features a ["exposed rock", "full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter, Water Heater
  • equipped with ["wall unit(s)"] central cooling and highly efficient forced air heating via gas

Welcome to a stunning, extensively renovated legal duplex in the heart of downtown Peterborough - a rare opportunity to own a beautifully updated property that perfectly blends modern style, comfort, and income potential. This turnkey home has been thoughtfully redesigned from top to bottom, featuring bright, contemporary finishes throughout. Both units showcase gorgeous new kitchens, stylish modern fireplaces, brand-new flooring, and the convenience of in-suite laundry in both units. Major improvements and upgrades include all new electrical and plumbing, a durable steel roof and efficient heat pumps, offering long-term peace of mind and year-round comfort. The spacious upper unit is ideal for an owner-occupier, offering three bedrooms, two bathrooms, balcony and a bright loft that creates the perfect flex space for a home office, studio, or cozy retreat. Large windows fill the space with natural light, highlighting the fresh, modern design and welcoming atmosphere. The lower unit features a well-appointed one-bedroom, one-bathroom layout with its own separate entrances, making it perfect for rental income, extended family, or guests. Outside, the home is just as appealing, with private entrances for both units, sleek painted brick, new porch and balcony and convenient parking at the rear. Located steps from everything downtown Peterborough has to offer - shops, restaurants, trails, and waterfront - this property truly delivers on lifestyle and location. Whether you're looking to live in one unit and rent the other, invest in a fully updated legal duplex, or make homeownership more attainable with rental income, this property is a true gem. Beautiful inside and out, it's a rare chance to enjoy modern living in one of the city's most convenient and vibrant locations.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 8, 2026
Sold price information is available to members only
Listed Date3/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size32.1 × 98.1 Feet
CountyPeterborough
Annual Tax$3,963
Legal DescriptionPT LT 15 N OF DALHOUSIE ST & W OF GEORGE ST PL 1 PETERBOROUGH AS IN R541026; T/W R541026; PETERBOROUGH

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Wall Unit(s)"]

Features

Property Features

Hospital, Park, Library, Place Of Worship, Public Transit, School

Community Features

Location

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218 Park Street, Peterborough, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 218 Park Street N, Peterborough, ON K9J 3P8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$330
Utilities & Maint.$350
Total Monthly Cost$2,999

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Town Ward 3, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$580,916

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Local Schools Guide

Elementary Schools

Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Prince of Wales
Public1211 Monaghan Road, Peterborough, Ontario, K9J 5L4
4.1
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6
Westmount
Public1520 Sherwood Crescent, Peterborough, Ontario, K9J 6T8
5.2

Secondary Schools

St. Peter’s
CatholicPeterborough, Ontario
6.7
Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.