
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Monaghan Ward 2. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $629,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 1612 Cherryhill Road in Peterborough, a fantastic opportunity for homeowners and investors alike. This legal 2-unit home offers excellent flexibility with a spacious 3-bedroom upper unit and a bright 2-bedroom lower unit, making it ideal for multi-generational living or a great investment property.The upper level features three bedrooms, a full 4-piece bathroom, beautiful hardwood flooring throughout the main living areas, a tiled kitchen, convenient in-suite laundry, and a modern kitchen complete with stainless steel appliances.The legal lower suite offers two bedrooms, a 3-piece bathroom, durable vinyl flooring, interconnecting smoke detectors, its own laundry room, and a spacious primary bedroom with a large walk-in closet.Located in one of Peterborough's most desirable west-end neighbourhoods, you'll enjoy easy access to excellent schools, parks, walking trails, shopping, restaurants, public transit, and quick access to Highway 115 for commuters. Just minutes from downtown Peterborough, this home combines a family-friendly location with outstanding investment potential.Whether you're looking to offset your mortgage with rental income or add a turnkey legal duplex to your portfolio, 1612 Cherryhill Road is a property you won't want to miss.
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This detached home located at 1612 Cherryhill Road, Peterborough is currently for sale and has been available on SousaSells for 10 days. This property is listed at $629,000 with an estimated mortgage of $2,094* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 1612 Cherryhill Road, Peterborough is in the Monaghan Ward 2 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Monaghan Ward 2, Peterborough.
Growing families needing multi-bedroom flexibility and space in Monaghan Ward 2, Peterborough.
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The current listing price for 1612 Cherryhill Road, Peterborough, ON in Monaghan Ward 2, Peterborough is $629,000.
This property features 5 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
1612 Cherryhill Road, Peterborough, ON is a Detached (Bungalow) featuring a Apartment, Finished, Separate Entrance basement.
Interior highlights include: None.
Yes, this property offers parking space for 2.0 vehicles (None).
Heating is provided via Gas and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1612 Cherryhill Road, Peterborough, ON K9K 1A8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.
About Purchasing a Home in Peterborough, ON
For a property listed at $629,000 in Peterborough, the legal minimum down payment is $37,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,055 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,055.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.