189 Park Street, Peterborough, ON

$399,900
MLS#:X12767138
5 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $399,900 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 33.25 x 54.98 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Well-maintained, recently renovated duplex offering flexibility and strong investment potential in Peterborough's central core. This clean, bright property features both a two bedroom and a three bedroom self contained units with separate meters, making it ideal for investors or owner-occupiers. The upper unit is occupied by a quiet, reliable tenant, while the vacant lower unit provides immediate income opportunity or the option for personal use. The home shows very well throughout, reflecting recent updates and pride of ownership. Ample parking and the rare convenience of dual access from Park Street North and Park Place enhance functionality for both tenants and owners. Centrally located with easy access to downtown amenities, transit, shopping, and services, this property offers a practical, low-maintenance addition to any portfolio with a cap rate of more than 8% or a smart entry into the multi-unit market.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 24, 2026
Sold price information is available to members only
Listed Date2/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionVinyl Siding
Lot Size33.25 × 54.98 Feet
CountyPeterborough
Annual Tax$2,884
Legal DescriptionPT LT 2, PL 87 , PETERBOROUGH AS IN R413260 ; PETERBOROUGH

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Level, Public Transit

Community Features

Location

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189 Park Street, Peterborough, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Town Ward 3, Peterborough.

Verified Local Data
Population128,624
Median Age45.2 Yrs
Ownership70% Owners
Avg Area List Price$501,805

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
St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0

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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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 189 Park Street N, Peterborough, ON K9J 3P5

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.

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Financial Audit

Estimated Costs

Loan Amount$319,920
Monthly Mortgage$1,859
Property Tax (Est.)$240
Utilities & Maint.$350
Total Monthly Cost$2,449

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

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.