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Price Change$499,900

1518 Monaghan Road

Town Ward 3, Peterborough

$475,000

Detached|Bungalow
2 | 1 | 3
About this home

This mid-century bungalow offers 2 bedrooms and 1 bathroom and has kept much of its original charm, with hardwood floors, beautiful wood trim, and large windows in the living room.The updated kitchen adds a fun pop of colour, with plenty of cabinetry and stainless steel appliances, while the adjoining dining room has lots of space for family dinners or entertaining. The bathroom has been nicely updated too, with rich green tones, a modern vessel sink, gold fixtures and a full tub/shower - stylish, but still full of character.One of the standout features is the bright 3-season sunroom. Surrounded by windows, warmed by an electric fireplace and overlooking the backyard, it's a perfect spot for morning coffee, reading or simply relaxing. Outside, the backyard is a cosy little retreat with mature trees, plenty of greenery and space to gather around the fire. With no neighbours directly behind, it feels surprisingly peaceful for an in-town property.The unfinished basement offers plenty of storage and has a convenient walk-up to the backyard. Forced-air gas heat, central air and a detached garage add some great practical features. Located on the corner of Monaghan and McDonnel, the driveway and parking are accessed from McDonnel Street rather than Monaghan Road.The home is close to Jackson Park and the trails, the hospital, the beautifully maintained grounds of The Mount and everyday amenities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,062
Lot Size58.04 ft x 78.11 ft
mls© NumberX13775150
Listed ByExit Realty Liftlock

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,431
Property tax
$338
Heat allowance
$150
Housing costs
$2,920 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $95,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,999 / mo
Cash down
$95,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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