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For Sale

1818 Cherryhill Road 503 #503

Monaghan Ward 2, Peterborough, ON
$640,000
2Bd
3Ba
2,125+sqft
1Parking
$301/sqft
CondoMLS# X12977548Listed 2026-04-0910 DOM
Cooling
Central Air

About this home

If you think moving to a condo means sacrificing living and storage space, think again! Welcome to the penthouse at Summit Place on Cherryhill Road in Peterborough. Enjoy maintenance free condo living in a home that feels just as bright and spacious as a detached house. This 2 bedroom, 3 bathroom, open concept penthouse features two private balconies, in-suite laundry, numerous in-suite walk-in closets and storage areas, and a versatile loft space with its own half bath, gas fireplace, and access to a private rooftop patio/terrace. Because it's a corner unit with floor to ceiling windows you've got natural light coming in from three directions, including the skylight. All residents of Summit Place share access to a group meeting room, library, workshop, private storage areas, a heated outdoor swimming pool, and beautiful gardens. Plus you're steps away from Mapleridge Park and minutes away from all the shopping and restaurants in Peterborough's west end. Condo Fees include: Water, Heating, AC, Building Liability Insurance, Maintenance of the Heat Pumps, Parking, Common Elements Maintenance (including the pool)

PoolFireplace

Rooms

Main Floor
Bathroom1.51 × 2.34 m
Bathroom3.39 × 4.02 m
Bedroom5.03 × 7.77 m
Bedroom4.85 × 4.83 m
Kitchen3.44 × 3.49 m
Living Room7.69 × 8.93 m
Utility Room2.98 × 1.78 m
Upper
Bathroom1.55 × 1.52 m
Family Room9.17 × 6.50 m

Features

  • Intercom
  • Primary Bedroom - Main Floor
  • Storage Area Lockers
  • Controlled Entry
  • None
  • Central Air
  • Loft

Financials

Annual Taxes
$7,218.09

Estimated Rental Income

Entire property$2,600 – $3,500/mo
Rental yield4.9% – 6.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Peterborough

Days on market10 days
Buyer's MarketSeller's Market

Based on active listings in Peterborough. Data updates daily.

Our estimate for this home

Priced 26.4% below estimate
Estimated range
$804K$935K
Mid-point $869K · ~$409/sqft
How this listing compares
$804KList · $640K$935K
Medium confidence·Based on 19 peterborough comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$640,000
1818 Cherryhill Road 503, Peterborough
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