$679,900

For sale

1561 Cherryhill Road, Peterborough (Monaghan Ward 2) - Single Family for Sale

1561 Cherryhill Road, Peterborough (Monaghan Ward 2), Ontario, K9K1A7

4 beds3 baths6 parking2,750 ft²70 × 168 ft (11,760 sq ft) lot sizeListed 20 days ago

Overview

This 4-bedroom, 3-bathroom home in Peterborough is for sale offering roughly 2,750 sq ft of space. Its $679,900 asking price sits right in line with the $699,900 median in Peterborough. It has been on the market 20 days, fresher than the Peterborough average of 60 days.

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Description

Million dollar view plus a large unique all brick bungalow with 2735 square feet of living area above grade would lend itself to being an Air B&B easily. Room for the family to grow in a well established west end location. In law potential. Walkout to deck overlooking a private backyard oasis. Functional bungalow layout lower level walkout to patio, pool and beautiful perennial gardens! Beautiful hardwood floors in bright living and dining rooms. Quartz counter in kitchen, 3+1 bedrooms, 3 baths, rec room and family room. Move in and enjoy the country feeling in the city. Pre list home inspection in documents. Gas powered water boiling heater system. Lower bathroom new in 2025, Laundry room updated in 2023, Roof 2019, New deck main level 2026, All new windows main floor 2019. Open To Reasonable Offers. (id:66096)

Property Details

MLS®: X14081460
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 70 × 168 ft (11,760 sq ft)
Frontage: 70 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Other, Other
Cooling: None
Garage: Attached Garage, Garage
Fireplace

Rooms

Main level

Dining room: 2.59 x 3.02 meters
Living room: 4.92 x 5.55 meters
Kitchen: 3.71 x 4.06 meters
Primary Bedroom: 4.29 x 3.35 meters
Bedroom: 4.3 x 3.02 meters
Bedroom: 3.23 x 2.76 meters
Bathroom: 3.21 x 2.55 meters
Bathroom: 1.58 x 1.25 meters

Lower level

Bedroom: 4.29 x 5.61 meters
Bathroom: 3.22 x 2.12 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Brick
Lot Features: Sloping, Conservation/green belt

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Peterborough (Monaghan Ward 2) listings, avg age

60d

Price / ft²

$247

List price

$680K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Peterborough (Monaghan Ward 2) has been listed for 20 days, which is 40 days fresher than the city average of 60. Act while there is still low competition.

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Listed by Royal LePage Frank Real Estate · Sylvia James

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9K)

This home lists at $679,900, about 6.9× the local median household income of $98,000.

Carrying it typically needs a household income of about $132,808 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $98,000
Population: 13,359
Median age: 47.2
Owner / renter: 82% / 18%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K9K)

$679,900· $247/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.32% · $42,990.00

Min 6.32%50%

Mortgage payment$3,531/mo

↳ CMHC premium ($25,476 capitalized)

Property tax (est.)$606/mo

Total monthly$4,137

Cash Needed to Close

Down payment (6.32%)$42,990

Land transfer tax$10,073

Est. closing costs$4,540

Total cash needed$57,603

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