C1-Zoned House Near Park with New Furnace

Property details for 47 Park Street S, Peterborough

Type: Residential
Bedrooms: 2
Bathrooms: 1
Lot Size: 30 x 100 FT
Stories: 2
Basement: Partially finished, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Window air conditioner, None
Exterior: Aluminum siding, Concrete Block
Ownership: Freehold
Annual Taxes: $3,344 (2026)

Painted brick front and aluminum siding. 30x100 ft lot. This 2-bedroom house has a $389,000 price tag. The upstairs holds a bonus office room. New 2025 furnace, stairs, hot water tank, and induction stove. Walk to Knights of Columbus Park or the Canadian Canoe Museum. Grade school is 1 km away. The place is zoned C1 commercial. Operate a business from home. Or rent it out. Sits on a level fenced yard. Basement is partially finished. Close to restaurants and the Peterborough Marina.

About 47 Park Street S, Peterborough — Property Score

Strong Investment Great Location Well Priced

Score: 67/100

Value

Priced 30.5% below area median of $559,450 based on 64 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

3,000 sqft lot - a compact lot for the area 55

Location

$48K median household income - below the Canadian average of $70K 54

85% of residents hold postsecondary credentials - a highly educated neighbourhood 92

54% homeownership rate - a balanced mix of owners and renters 68

71% of residents commute under 30 minutes - excellent commuter accessibility 87

1,295/km² population density - a well-balanced suburban area 83

Market

Just listed - area average is 54 days on market 100

-1.6% median price change over 1 month - stable pricing in the area 42

43 months of housing supply - 172 active listings with 4 sold last month (buyer's market) 40

Features

2-car garage - area average is 4.1 spots 80

Partially finished, N/A basement - potential for additional finished space 85

efficient gas forced air heating 80

Window-unit cooling 50

No premium extras like pool, waterfront, or view 50

Investment

0.86% effective tax rate ($3,344/yr) - below the Canadian average of ~1% 74

46% renter population - moderate rental market 85

Quality

Condition

Listing

33 photos provided - below the area average of 35 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.