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For Sale · Peterborough (Monaghan Ward 2) · Monaghan Ward 2

$629,000

1612 CHERRYHILL ROAD, Peterborough (Monaghan Ward 2)

Bedrooms

Bathrooms

About This Home

The details.

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...

Summarizing the highlights...

MLS® X13608530Listing courtesy of Royal LePage Our Neighbourhood RealtyView on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Storeys: 1
Parking: 2 spaces
Listed on: 2026-07-27
Days on market: 2
MLS number: X13608530
Data source: Central Lakes Association of REALTORS®

Market intelligence

Statistics and history.

Days on market

Typical in Peterborough (Monaghan Ward 2): 15 days

Peterborough (Monaghan Ward 2) median asking

$700K

69 active listings

Est. rent / month

$3,501

From live asking rents in this market

Est. rental yield

6.68%

Gross, asking price vs asking rents

New this week

69 active listings

How fast is this listing moving?

FastSlow

Market demandHot

QuietHot

10 new this week of 69 active listings in Peterborough (Monaghan Ward 2), blended with typical days on market.

Where this price sits in Peterborough (Monaghan Ward 2)

$450KThis listing$1.1M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$2,942

$503,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,942

Cash flow

-$2,942

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Peterborough (Monaghan Ward 2) right now

Active listings

New this week

$699,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

City population: 83,651
Median household income: $71,500

The neighbourhood

Monaghan Ward 2.

Peterborough's detached house pocket

Monaghan Ward 2, Peterborough leans heavily to detached houses. There are 67 active listings on the market as this page was last built. The middle of the market sits at $699,900. That runs about 17% above the Peterborough median, which is usually the price of location rather than size.

12 listings are sitting below what comparable homes in this sub-area are asking, with the widest gap around 39%. Space costs about $90 per square foot.

The closest bus stop is about 13 minutes away on foot, with groceries about 11 minutes, the nearest park about 10 minutes, a school about 1 minute.

Median asking price: $699,900
Median price: $90/sqft
Active listings: 79

See 12 deals in Monaghan Ward 2

The Neighbourhood

Living in Peterborough (Monaghan Ward 2).

Household and demographic stats for Peterborough (Monaghan Ward 2), from the Statistics Canada 2021 Census.

83,651
Population (2021): 43.2
Median age: 35,980
Households: 2.3
Avg household size: 59.4%
Home ownership: $71,500
Median household income

Peterborough (Monaghan Ward 2) market trends

Source: Statistics Canada 2021 Census, Peterborough, City, Ontario.

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Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.