1818 Cherryhill Road, Unit 502, Peterborough, ON

$699,900
MLS#:X13485570
2 beds
3 baths
2000-2249 sqft
2.0 parking
Residential Condo & Other
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Added:Jun 24, 2026(66 days ago)
Updated:Jul 14, 2026(46 days ago)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Monaghan. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2249 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Floor Drain
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Condo fees include water, heat, AC, 2 parking spots, pool maintenance, common elements, liability insurance, heat pump maintenance plus more. This beautifully updated and renovated penthouse condominium at Summit Place offers an expansive 2350 square feet of living space. This home offers breathtaking views, a roof top patio, floor- to- ceiling windows, two private patios and more. Open concept living space flows beautifully. Upgraded chef's kitchen. 2 bedrooms and 3 bathroom; the primary bedroom offers a luxurious ensuite and walk in closet. The loft area provides additional living space with gas fireplace, a home office, bath and access to the rooftop patio with breathtaking views of the Peterborough skyline. Two parking spots. Summit Place is located in Peterborough's preferred west-end; the condominium offers beautiful gardens, an outdoor heated pool, a library, storage for spots equipment in the garage, a workshop and more. Move in and enjoy stress-free living in a well-maintained, sought-after building.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 1818 Cherryhill Road, Peterborough is currently for sale and has been available on SousaSells for 66 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 2 beds, 3 bathrooms, and is 2000-2249 square feet. 1818 Cherryhill Road, Peterborough is in the Monaghan neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Monaghan, Peterborough.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 2000-2249 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Peterborough.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
2000-2249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedJun 24, 2026 (66 days ago)
UpdatedJul 14, 2026 (46 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleLoft
ConstructionStucco (Plaster)
BasementNone
CountyPeterborough
Annual Tax$7,651.48

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

  • Golf
  • Hospital
  • Park
  • Place Of Worship
  • Public Transit
  • Wooded/Treed

Interior Features

  • Auto Garage Door Remote
  • Carpet Free
  • Floor Drain
  • Primary Bedroom - Main Floor
  • Storage
  • Water Heater
  • Workbench

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 1818 Cherryhill Road, Unit 502, Peterborough, ON

Q.What is the asking price for 1818 Cherryhill Road, Unit 502, Peterborough, ON ?

The current listing price for 1818 Cherryhill Road, Unit 502, Peterborough, ON in Monaghan, Peterborough is $699,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 3 bathrooms across approximately 2000-2249 sqft.

Q.What property type and architectural style is 1818 Cherryhill Road, Unit 502, Peterborough, ON ?

1818 Cherryhill Road, Unit 502, Peterborough, ON is a Condo Apartment (Loft) featuring a None basement.

Q.What key property features does 1818 Cherryhill Road, Unit 502, Peterborough, ON offer?

Key property features include: Golf, Hospital, Park, Place Of Worship, Public Transit, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Carpet Free, Floor Drain, Primary Bedroom - Main Floor, Storage, Water Heater, Workbench.

Q.What security features are installed at 1818 Cherryhill Road, Unit 502, Peterborough, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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1818 Cherryhill Road, Unit 502, Peterborough, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Monaghan, Peterborough

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1818 Cherryhill Road 502, Peterborough, ON K9K 1S6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Peterborough, ON

For a property listed at $699,900 in Peterborough, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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Monaghan, Peterborough Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Monaghan, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$659,900

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Best Schools in Monaghan, Peterborough

Elementary Schools

Kawartha Heights
Public11 Kawartha Heights Boulevard, Peterborough, Ontario, K9J 1N4
5.7
James Strath
Public1175 Brealey Drive, Peterborough, Ontario, K9J 6X4
7.5
Monseigneur-Jamot
Public2350 Woodglade Boulevard, Peterborough, Ontario, K9K 2L1
3.1
St Catherine
Public1575 Glenforest Boulevard, Peterborough, Ontario, K9K 2J6
5.8
St Alphonsus
Public875 St. Mary's Street, Peterborough, Ontario, K9J 4H7
3.9

Secondary Schools

Crestwood
Public1885 Sherbrooke Street West, Peterborough, Ontario, K9J 6X4
5.7
Holy Cross
Public1355 Lansdowne Street West, Peterborough, Ontario, K9J 7M3
6.1
St. Peter’s
CatholicPeterborough, Ontario
6.7
Kenner
Public633 Howden Street, Peterborough, Ontario, K9J 5J2
5.0

Monaghan, Peterborough Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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