$1,150,000
Peterborough
29 Merino Road, Peterborough (Monaghan Ward 2), Ontario, K9J6M8
This 4-bedroom, 3-bathroom home in Peterborough is for sale offering roughly 2,250 sq ft of space. It has been on the market 42 days, fresher than the Peterborough average of 60 days.
Welcome to Roper Estates, one of Peterborough's most prestigious and established enclaves. Set on 0.586 acres of mature, private landscape with 100.13 feet of frontage, 29 Merino Road offers a land position that simply cannot be replicated - a premier lot in a decades-old subdivision where parcels of this scale rarely come to market. Built in 1954, this mid-century modern bungalow offers 2,175 sq ft above grade plus a 1,591 sq ft finished walk-out lower level. At its heart is a 400 sq ft addition designed by the late Eberhard Zeidler, one of Canada's most celebrated architects - a light-filled dining room with a gas fireplace and garden views, equally at home as a family room or a gallery for your collection. Rich mahogany panelling, three fireplaces and expansive walls of glass capture the spirit of the era, and the living room - more than 30 feet long and warmed by a wood-burning fireplace - overlooks the garden with a walk-out. The main floor features the primary bedroom with 4-piece ensuite, two more bedrooms, a 2-piece bath, and a breakfast room with laundry. The walk-out lower level, with separate entrance, adds a family room over 25 feet long with a wood-burning fireplace, a recreation room, a fourth bedroom and a 3-piece bath - with in-law potential. Central air, central vacuum, monitored security, an attached double garage and room for six more in the drive complete the picture. A five-minute walk to Roper Park, minutes to Peterborough Regional Health Centre, and within the West End's sought-after school catchment. Enjoy it as-is or make it your own, and secure an irreplaceable lot without the cost and time of building new. A full pre-inspection and material reports are available, along with a virtual tour, photo gallery and floor plans. Flexible possession. A rare offering in an irreplaceable location. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 42 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 4-bed single family in Peterborough (Monaghan Ward 2) has been listed for 42 days, which is 18 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,150,000, about 15.9× the local median household income of $72,500.
Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 210% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.