641 Reid Street

Original Remarks

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.