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For Sale · Peterborough (Monaghan Ward 2)

$699,900

502 - 1818 CHERRYHILL ROAD, Peterborough (Monaghan Ward 2)

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Bedrooms

3 (1 half)

Bathrooms

About This Home

The details.

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...

Summarizing the highlights...

MLS® X13485570Listing courtesy of Royal LePage Frank Real EstateSee all units in this building View on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Condominium/Strata
Parking: 2 spaces
Strata fee: $1,988 / monthly
Listed on: 2026-06-24
Days on market: 22
MLS number: X13485570
Data source: Central Lakes Association of REALTORS®

Market intelligence

Statistics and history.

Days on market

Peterborough (Monaghan Ward 2) median asking

$680K

40 active listings

New this week

40 active listings

Where this price sits in Peterborough (Monaghan Ward 2)

$460KThis listing$995K

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...

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$3,273

$559,920 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)

$3,273

Cash flow

-$3,273

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

$679,900

Median asking price

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

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.