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Listed 25 days ago

29 Merino Road

Monaghan Ward 2, Peterborough

$1,150,000

Detached|Bungalow
3 | 3 | 8
About this home

Welcome to Roper Estates - Peterborough's most prestigious enclave, and home to some of the city's largest appraised lots. Set on over half an acre of mature, established landscape, this property offers something increasingly rare in Peterborough: an irreplaceable land position in an exclusive, decades-old subdivision that simply cannot be replicated elsewhere in the city.Location is everything, and this address delivers it. Roper Estates sits directly beside Peterborough Regional Health Centre, a five-minute walk to Roper Park, and within the West End's most sought-after school catchment - from French immersion to top-rated public and high schools. Families, professionals, and downsizers alike are drawn to this rare combination of prestige, convenience, and green space.The value here starts with the land. Substantial, mature lots like this one rarely come to market in Roper Estates, and recent activity in the immediate area confirms just how sought-after this enclave has become. This offering gives a buyer the rare chance to secure a premier lot and footprint at exceptional value - without the cost and time of building new.On this exceptional parcel sits a mid-century modern residence offering over 2,000 square feet of living space, including a 400-square-foot addition designed by the late Eberhard Zeidler, one of Canada's most celebrated architects. Rich mahogany paneling, three fireplaces, and expansive walls of glass reflect the architectural spirit of its era, while an open, light-filled layout offers a flexible canvas - ideal as-is, or as a foundation to update and personalize.A full pre-inspection and material reports are available for buyer review, along with a virtual tour, photo gallery, and floor plans - everything needed to move forward with confidence. A rare offering in an irreplaceable location.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$9,288
Lot Size100.13 ft x 0 ft
mls© NumberX13818472
Listed ByROYAL LEPAGE PROALLIANCE REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$5,886
Property tax
$774
Heat allowance
$150
Housing costs
$6,810 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$210,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

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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