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$389,000
Peterborough
47 Park Street South, Peterborough (Town Ward 3), Ontario, K9J3R6
This 2-bedroom, 1-bathroom home in Peterborough is for sale offering roughly 1,300 sq ft of space. Listed at $389,000, it is attractively priced about 14% below the $454,900 median asking price in Peterborough.
Opportunity awaits with this versatile property featuring C1 commercial zoning! Offering 2 bedrooms plus a bonus room, this home provides flexible living or workspace options to suit a variety of needs. The spacious kitchen is perfect for everyday living, while the full basement offers ample storage or future potential. Recent updates include a new furnace (2025), new front stairs (2025), hot water tank(2025), induction stove(2025). Whether you're looking for your first home, an investment property, or the ideal location to operate your business, this property delivers exceptional value. Conveniently located close to all amenities and just steps from Knights of Columbus Park. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 61 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 2-bed single family in Peterborough (Town Ward 3) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $389,000, about 5.4× the local median household income of $72,500.
Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice