632 UNION STREET, Peterborough (Town Ward 3)

$438,888

For sale: Detached

Detached at 632 UNION STREET, Peterborough (Town Ward 3)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13622860
Neighbourhood
Town Ward 3

Excellent opportunity for investors or multi generational living. This well maintained duplex offers two fully self contained 2bedroom units in Peterborough's desirable North Central neighborhood steps to downtown amenities, transit, schools, Trent University, Fleming College, shopping, and parks. Unit A (Upper):2 bedrooms, 1 bathroom, kitchen, large foyer, and basement laundry. Unit B (Main):2bedrooms, 2 bathrooms, an oversized kitchen/living/dining/family area, plus in unit laundry. This turnkey duplex features a new roof (2025), private entrances, and separate hydro meters, making it an ideal fit for investors or multi generational families seeking rental support. Both units are occupied by cooperative, reliable tenants willing to stay on with the new owner, providing immediate, stable cash flow with projected rents of approximately $3,450/month. Outside, the property includes a detached double car garage. perfect for storage, a workshop, or additional rental income plus a large driveway accommodating 4+ vehicles. Located on a quiet, low traffic street beside a park, the home offers a peaceful setting while remaining close to everything that drives strong rental demand. This combination of location, condition, and income potential makes 632 Union St a standout opportunity in a high demand rental corridor. Whether you're expanding your portfolio, securing a reliable income property, or seeking a flexible multi unit home, this duplex delivers stability, versatility, and long term value. With major updates completed and income ready to go, this is a clean, low maintenance investment you won't want to miss.

Sold data

Homes in Town Ward 3 — recent sold market

Homes in Town Ward 3 took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 139 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $475,000.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$475,000
Sale-to-list ratio
96.6%
Sold above asking
10%

Based on 139 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Peterborough (Town Ward 3)

Peterborough (Town Ward 3) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.

Rated schools
29
Elementary
23
Secondary
6
Average rating
5.2 / 10

Top-rated schools in Peterborough (Town Ward 3)

  • James Strath — elementary, PeterboroughFraser rating 7.5/10
  • St. Peter's — secondary, PeterboroughFraser rating 6.7/10
  • Edmison Heights — elementary, PeterboroughFraser rating 6.5/10
  • St Paul's — elementary, PeterboroughFraser rating 6.2/10
  • Holy Cross — secondary, PeterboroughFraser rating 6.1/10
  • St Anne — elementary, PeterboroughFraser rating 6.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 632 UNION STREET