314 Pearl Avenue, Peterborough, ON

$645,000
MLS#:X12190210
4 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold
314 Pearl Avenue, Peterborough, ON K9J 5G5
⚠️

Property no longer active

This property was sold on June 10, 2025. This listing is for reference purposes only. to view the sold price.

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 $645,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 40 x 100 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this classic 2.5-storey brick beauty, ideally situated in the highly sought-after Avenues neighbourhood. This centrally located legal duplex offers a perfect blend of charm, functionality, and investment potential, just steps from downtown, the hospital, Jackson Park, trails, transit, schools, and more! Featuring a flexible floor plan, the main level can be configured as a one- or two-bedroom unit, with a welcoming living room, dining area, kitchen, and full bathroom. Enjoy the character of a quaint front and side porch & multiple entrances with parking. Plenty of storage and laundry are available for this unit in the basement. Spread across two levels, the upper unit offers three spacious bedrooms, a full bathroom, and a large, versatile living area perfect for relaxing or entertaining. The kitchen opens to a charming second-storey porch overlooking the backyard, ideal for morning coffee or evening sunsets. This unit also boasts in-suite laundry, its own parking. The house has been updated with numerous new windows, a combination gas heat pump and more while still retaining its beautiful original features like colourful stained glass transom windows, large trim and baseboards and original hardwood floors. The generous backyard features a unique treehouse and ample storage, creating a perfect outdoor retreat for all ages. Whether you're looking to live in one unit and rent the other, or add a solid income property to your portfolio, this home is a rare find in a fantastic neighbourhood.

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Property Summary

This duplex located at 314 Pearl Avenue, Peterborough is currently for sale and has been available on SousaSells for 430 days. This property is listed at $645,000 with an estimated mortgage of $2,147* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 314 Pearl Avenue, Peterborough is in the Town Ward 3 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Town Ward 3, Peterborough.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Town Ward 3, Peterborough.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 10, 2025
Sold price information is available to members only
Listed Date6/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2 1/2 Storey
ConstructionBrick
BasementUnfinished, Full
Lot Size40 × 100 Feet
CountyPeterborough
Annual Tax$4,123
Legal DescriptionLT 35 PL 115 PETERBOROUGH ; PETERBOROUGH

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Park
  • Public Transit
  • School
  • Library
  • Hospital

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Storage
  • Storage Area Lockers
  • Separate Hydro Meter

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 314 Pearl Avenue, Peterborough, ON

Q.What is the asking price for 314 Pearl Avenue, Peterborough, ON ?

The current listing price for 314 Pearl Avenue, Peterborough, ON in Town Ward 3, Peterborough is $645,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 314 Pearl Avenue, Peterborough, ON ?

314 Pearl Avenue, Peterborough, ON is a Duplex (2 1/2 Storey) featuring a Unfinished, Full basement.

Q.What key property features does 314 Pearl Avenue, Peterborough, ON offer?

Key property features include: Fenced Yard, Park, Public Transit, School, Library, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Storage, Storage Area Lockers, Separate Hydro Meter.

Q.What security features are installed at 314 Pearl Avenue, Peterborough, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Other).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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314 Pearl Avenue, 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 314 Pearl Avenue, Peterborough, ON K9J 5G5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

Configure Loan Settings

Interest Rate4.00%
Down Payment$193,500 (30.0%)
* Minimum Canadian down payment required for this price is $39,500.
Amortization Period30 Years
Estimated Monthly Payment$2,147Based on a loan of $451,500 over 30 years.
Purchase Price$645,000
Loan Amount$451,500
Provincial Land Transfer Tax:$9,375
Total Estimated Closing Taxes:$9,375

About Purchasing a Home in Peterborough, ON

For a property listed at $645,000 in Peterborough, the legal minimum down payment is $39,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,375 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,375.

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Town Ward 3, Peterborough 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$718,153

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%

Best Schools in Town Ward 3, Peterborough

Elementary Schools

St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
5.9
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6
Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9

Secondary Schools

Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3
Thomas A Stewart
Public1009 Armour Road, Peterborough, Ontario, K9H 7H2
4.5
St. Peter’s
CatholicPeterborough, Ontario
6.7

Town Ward 3, Peterborough Demographic Home information

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.