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Neighbourhood in Peterborough

Homes for sale in Town Ward 3

family-friendly community-oriented affordable

Town Ward 3 is a neighbourhood in Peterborough, Ontario, known for its diverse community and affordable housing options. It offers a mix of residential homes and amenities for families and individuals.

Good schools with high ratings Many parks and playgrounds Variety of restaurants Affordable housing options Strong community presence

At a glance

Photo of 34 Jackson Avenue

34 Jackson Avenue

Peterborough (Town Ward 3)

For SalePrice Reduced
Listed for:

Listed 20 days ago

$375,500
  • 2Bedrooms
  • 1Bathroom
  • 0Garage
  • 700~1.1KSq.Ft.

DetachedFor Sale

Photo of 29 Crescent Street

29 Crescent Street

Peterborough (Town Ward 3)

For Sale
Listed for:

Listed 21 days ago

$999,995
  • 2+1Bedrooms
  • 3Bathrooms
  • 2Garage
  • 2K~2.5KSq.Ft.

DetachedFor Sale

Photo of 647 Bethune Street

647 Bethune Street

Peterborough (Town Ward 3)

For SaleMotivated Seller
Listed for:

Listed 21 days ago

$479,900
  • 4Bedrooms
  • 2Bathrooms
  • 0Garage
  • 1.5K~2KSq.Ft.

DetachedFor Sale

Photo of 198 Aylmer Street N

198 Aylmer Street N

Peterborough (Town Ward 3)

For SaleAttention Investors
Listed for:

Listed 23 days ago

$799,900
  • 4+2Bedrooms
  • 3Bathrooms
  • 6Parking
  • 1.5K~2KSq.Ft.

MultiplexFor Sale

Photo of 283 George Street N

283 George Street N

Peterborough (Town Ward 3)

For SaleAttention Investors
Listed for:

Listed 23 days ago

$499,800
  • —Bedrooms
  • —Bathrooms
  • 0Garage
  • —Sq.Ft.

Store W Apt/OfficeFor Sale

Photo of 555 Romaine Street

555 Romaine Street

Peterborough (Town Ward 3)

For SaleOpen House
Listed for:

Listed 28 days ago

$459,000
  • 3Bedrooms
  • 2Bathrooms
  • 1Garage
  • 700~1.1KSq.Ft.

DetachedFor Sale

Day to dayLivability

4.8

Schools near listings

out of 10 · averaged over 1,038 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$499,000

14% below Peterborough 30% below Ontario

In Town Ward 3

$499,000

In Peterborough

$582,500

In Ontario

$709,900

Median monthly rent

$1,795/mo

10% below Peterborough 28% below Ontario

In Town Ward 3

$1,795

In Peterborough

$1,998

In Ontario

$2,500

$236

Per square foot

≈ 23.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

86

Median $499,000

Houses 81 · Condos 5

For rent

24

Median $1,795

Houses 23 · Condos 1

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable median home prices
  • Good school ratings
  • Family-friendly parks
  • Diverse housing types
  • Community-focused environment

Keep in mind

  • Higher renter percentage
  • Some areas may lack transit options

The feel of the placeLifestyle

Daily life in Town Ward 3 is relaxed, with access to schools, parks, and shops. The neighbourhood is suitable for families and young professionals seeking a friendly community.

Great for first-time buyers families renters young professionals

Within the boundaryWhat's nearby

The boundary

5.7 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

18

Parks

15

Playgrounds

6

Grocery stores

58

Restaurants

14

Cafés

11

Gyms

1

Libraries

9

Pharmacies

Counted across all 5.7 km² of Town Ward 3. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 3 rated schools in this area

3

Elementary

4

Secondary

  • St. Peter Catholic Secondary School

    Catholic · Grades 9–12 · Peterborough Victoria Northum Clarington CDSB

    6.7/106.7 over 5 yrs

    275th of 742 Ontario secondary schools

    1,035 students · EQAO 2024-2025

  • ÉÉC Monseigneur-Jamot

    Independent · French · Grades JK–8 · CSC MonAvenir

    6.6/106.8 over 5 yrs

    1,165th of 3,045 Ontario elementary schools

    245 students · EQAO 2024-2025

  • Queen Mary Public School

    Public · Grades JK–8 · Kawartha Pine Ridge DSB

    5.2/104.6 over 5 yrs

    2,081st of 3,045 Ontario elementary schools

    370 students · EQAO 2024-2025

  • Continuing Education

    Public · Grades 9–12 · Kawartha Pine Ridge DSB

    Not rated

  • Dalhousie Youth Support Services

    Public · Grades 7–12 · Kawartha Pine Ridge DSB

    Not rated

  • Kinark Child & Family Services

    Public · Grades 1–8 · Kawartha Pine Ridge DSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Town Ward 3, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

17,389

Population (2021)

5.9 km²

Area

2,961

People per km²

40.7

Median age

$56,084

Median income

33%

Own their home

2

People per household

8,510

Households

Every age

  • Children (under 15)10.7%
  • Working age (15–64)68.0%
  • Seniors (65+)21.3%

What is built here

  • Detached houses33.6%
  • Semi-detached2.7%
  • Townhouses2.1%
  • Duplexes11.6%
  • Low-rise apartments33.2%
  • High-rise apartments16.2%

Own or rent

33%Owners

67%Renters

Across 8,510 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier62%
  • 1961–198024%
  • 1981–19905%
  • 1991–20004%
  • 2001–20050%
  • 2006–20101%
  • 2011–20150%
  • 2016–20211%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

7.5%
Born outside Canada
24.1%
Hold a degree or higher
46.6%
Employment rate
5.5%
Commute by transit
70.7%
Commute by car
1.6
Children per family
$51,214
Median income after tax
$67,381
Average household income
21.2%
Living on a low income
$1,115/mo
Renters pay, per month
$1,066/mo
Owners pay, per month
$491,262
Median home value at census
46.8%
Renters spending 30%+ of income on housing
12.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 31 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Town Ward 3 actually sell for

146 homes changed hands in Town Ward 3 over the 12 months to September 2026. Half sold above $442,538 and half below, 9.6% lower than the 12 months before. A typical home found its buyer in 31 days — 8 days slower than a year ago.

Median sold price
$443K
-9.6% year over year
Days to sell
31
8 days slower
Sales closed
146
last 12 months
Per square foot
$347
from 141 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$783K$624K$466K$307K
Nov ’23Oct ’24Oct ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$967,600

on a $1,000,000 asking price — under ask by $32,400

−10%Asking price+10%
Of the asking price
96.8%
Sold over asking
10.3%

From 146 sales that closed here in the last 12 months.

Rent or buy in Town Ward 3

19.8 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$442,538

146 sales

Median rent

$1,865/mo

85 leases

Gross rental yield

5.06%

before costs

Both figures come from deals that actually closed in Town Ward 3 over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Town Ward 3

A single median hides this: the mix of homes behind it, and what each kind costs.

146sales
  • Detached$449K76.7%
  • Other kinds, too few of each —23.3%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Town Ward 3, sales
Monthly closed sales in Town Ward 3
MonthClosedMedianMiddle halfDays% of ask
Sep 20267$457,500$445K – $526K3795.6%
Aug 20268$432,500$409K – $541K2196.2%
Jul 202612$480,000$406K – $626K2997.3%
Jun 202615$420,000$395K – $508K3096.4%
May 202613$395,000$350K – $539K3698.3%
Apr 202618$465,000$403K – $625K3496.8%
Mar 20269$415,000$395K – $600K2895.3%
Feb 202611$415,000$381K – $488K1898.1%
Jan 202615$441,000$397K – $522K4397.8%
Dec 20256$440,000$369K – $480K3493.9%
Nov 202515$457,000$356K – $580K3096.3%
Oct 202517$469,000$435K – $668K2996.7%
Sep 202510$505,000$406K – $613K1698.8%
Aug 202517$422,000$380K – $680K2696.6%
Jul 202522$467,400$403K – $589K2398.3%
Jun 202527$521,000$450K – $579K1498.1%
May 202525$510,000$385K – $616K2097.0%
Apr 202514$515,000$403K – $580K2898.2%
Mar 202510$615,000$558K – $750K1699.3%
Feb 20259$435,000$340K – $509K1899.7%
Jan 20258$448,500$408K – $545K3396.8%
Dec 202411$518,000$465K – $636K1697.8%
Nov 202411$450,000$383K – $600K2495.9%
Oct 202412$447,500$401K – $486K6195.5%
Sep 202412$452,500$389K – $568K3796.0%
Aug 202414$434,000$404K – $565K2198.3%
Jul 202415$449,900$395K – $630K2796.3%
Jun 202421$517,212$440K – $640K2597.9%
May 202415$485,000$432K – $585K1798.7%
Apr 20247$480,000$440K – $545K1397.7%
Mar 202412$500,000$430K – $599K2198.7%
Feb 202412$520,950$495K – $540K34100.0%
Jan 202417$435,000$395K – $495K35100.0%
Dec 202314$519,200$413K – $605K39100.0%
Nov 20232 Not enough sales this month to report a median

1 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Town Ward 3

How much does a home cost in Town Ward 3?

Homes in Town Ward 3 sold for a median of $442,538 over the 12 months to September 2026, across 146 closed sales — half sold for more and half for less. That is 9.6% lower than the 12 months before it.

How long does it take to sell a home in Town Ward 3?

A home in Town Ward 3 took a median of 31 days on the market over the 12 months to September 2026. Homes there closed at 96.8% of the asking price on average, with 10.3% selling over asking.

How much is rent in Town Ward 3?

The median lease in Town Ward 3 closed at $1,865 a month over the 12 months to September 2026, across 85 leases.

Is it cheaper to rent or buy in Town Ward 3?

A home in Town Ward 3 costs about 19.8 years of the rent on one — the median price of $442,538 against a median rent of $1,865 a month, a gross yield of 5.06%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Town Ward 3 on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Town Ward 3

A condo here is its own market

6 condo apartments are on the market in Town Ward 3 right now. Too few have closed here in the last year for us to publish a median we would stand behind.