849 Water St is a 3-bedroom, 1-bathroom detached home in Peterborough, listed for $419,900. It has 700-1100 sq ft of living space.
1With its proximity to city transit, shopping, restaurants, parks, walking trails, the beach, and a direct bus route to Trent University, this property offers both convenience and strong rental appeal.
2Step inside to discover a bright, clean interior featuring fresh paint and updated light fixtures.
Perfect for First-Time Buyers, Families, or Investors! This well-maintained 4-bedroom home offers exceptional value with numerous updates throughout, making it an ideal opportunity for first-time buyers, growing families, or investors seeking a turnkey rental property. With its proximity to city transit, shopping, restaurants, parks, walking trails, the beach, and a direct bus route to Trent University, this property offers both convenience and strong rental appeal. Step inside to discover a bright, clean interior featuring fresh paint and updated light fixtures. The home has benefited from extensive improvements over the years, providing peace of mind for its next owner. Updates include a gas furnace, newer windows (2011 and 2013), new siding in 2011, and a new roof in 2025.The detached garage renovations in 2011, including a new concrete slab, updated wiring with a 60-amp pony panel, and added insulation-making it an excellent space for storage, a workshop, or hobby area. Garage shingles new in 2016. Additional exterior improvements include a rear concrete porch, freshly painted front porch, newer concrete walkway, and updated front and rear doors. Whether you're looking for a family home in a convenient location or a solid investment opportunity with excellent potential for student or family rentals, this move-in-ready property checks all the boxes. Simply unpack, settle in, and enjoy everything this fantastic home and location have to offer.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $600 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 849 Water St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
849 Water St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13759162$419,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 849 Water St Compares to the Peterborough Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,063
/mo
based on the purchase price of $419,900
$83,980 cash
$335,920 financed
$282,933 total interest
Principal54%$335,920
Interest46%$282,933
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Peterborough
Other 2–4 bed homes for sale in Peterborough around $420K.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings383Homes for sale here right now.
Median vs prior 90 days+3.1%Compared with May 8 – Aug 6, 2026: prices up.
Based on 379 sales from Aug 6 – Nov 4, 2026 (336 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 849 Water St
How much is 849 Water St listed for?
849 Water St is listed at $419,900 (MLS® X13759162). Summitly updates the price as soon as the MLS® record changes.
Is $419,900 a good price for 849 Water St?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 849 Water St changed?
No — 849 Water St is still listed at its original asking price of $419,900.
How many bedrooms and bathrooms does 849 Water St have?
849 Water St has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Peterborough.
How much would the monthly mortgage be on 849 Water St?
About $2,063 a month — principal and interest on $419,900 with 20% down ($83,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 849 Water St compare with other homes in Peterborough?
Its asking price of $419,900 is about 26% below the median sold price in Peterborough over the last 90 days, $567,000, across 379 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 849 Water St been sold before?
Summitly has no earlier MLS® sale or lease of 849 Water St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 849 Water St?
849 Water St is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 849 Water St been on the market?
56 days — 849 Water St was listed on September 9, 2026.
What is the price per square foot of 849 Water St?
About $382 to $600 per square foot: the asking price of $419,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 849 Water St have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 849 Water St have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
