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New3 days ago

1561 Cherryhill Road

Monaghan Ward 2, Peterborough

$679,900

Detached|Bungalow
3 | 3 | 6
About this home

Million dollar view plus a large unique all brick bungalow with 2735 square feet of living area above grade would lend itself to being an Air B&B easily. Room for the family to grow in a well established west end location. In law potential. Walkout to deck overlooking a private backyard oasis. Functional bungalow layout lower level walkout to patio, pool and beautiful perennial gardens! Beautiful hardwood floors in bright living and dining rooms. Quartz counter in kitchen, 3+1 bedrooms, 3 baths, rec room and family room. Move in and enjoy the country feeling in the city. Pre list home inspection in documents. Gas powered water boiling heater system. Lower bathroom new in 2025, Laundry room updated in 2023, Roof 2019, New deck main level 2026, All new windows main floor 2019. Open To Reasonable Offers.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,274
Lot Size70 ft x 168.02 ft
mls© NumberX14081460
Listed ByRoyal LePage Frank Real Estate

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%
$3,480
Property tax
$606
Heat allowance
$150
Housing costs
$4,236 / mo

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

Down payment20% · $135,980
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$2,861 / mo
Cash down
$135,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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