Unit 503, 1818 Cherryhill Road
Peterborough (Monaghan Ward 2), ON K9K 1S6
Summit PlaceSee every listing here- 2Bedrooms
- 3Bathrooms
- 1Parking
- 2000–2249Sq Ft
- $7,708Tax
- $1,988/moCondo Fee
Estimated Value:$562,500See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 503, 1818 Cherryhill Road, Peterborough, Monaghan Ward 2
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-09 | 2026-09-02 | Login to See Prices | Sold | x12977548 |
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About Unit 503, 1818 Cherryhill Road, Peterborough, Monaghan Ward 2
Summarized Description
- Spacious penthouse with maintenance-free living.
- Two private balconies and a rooftop patio.
- Open concept design with natural light.
- Versatile loft space with half bath.
- Corner unit with floor to ceiling windows.
- In-suite laundry and ample storage.
- Access to heated outdoor swimming pool.
- Close to parks, shopping, and restaurants.
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 plus a spacious rooftop terrace, 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 the rooftop 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)
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,708
- Land Transfer Tax Fee
- $8,473
Condo/Maintenance Fee
- Maintenance Fee
- $1,988 /month
Included In Maintenance Fee
- Heat Included
- Building Insurance Included
- Parking Included
- CAC Included
- Water Included
Rental Items
- Under Contract
- Hot Water Heater, Hot Water Tank-Electric
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Intercom, Primary Bedroom - Main Floor, Storage Area Lockers
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Balcony
- Open
- Exterior Extras
- Controlled Entry
Building Amenities
- Bike Storage
- Car Wash
- Community BBQ
- Elevator
- Game Room
- Outdoor Pool
Building
- Building Type
- Condo Apartment
- Building Style
- Loft
- Building Name
- Summit Place
- Condo Corp Number
- 7
Construction
- Exposure
- North West
- Exterior Finish
- Stucco (Plaster), Concrete
- Special Designation
- Unknown
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Exclusive
- Locker Number
- 36
- Locker Level
- Mezzanine
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Heat Pump
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Bathroom—Main level, 3 Pc Bath
- Bathroom—Main level, Ensuite Bath
- Bedroom—Main level
- Bedroom—Main level
- Kitchen—Main level
- Living Room—Main level
- Utility Room—Main level
- Bathroom—Upper level, 2 Pc Bath
- Family Room—Upper level
Washrooms
- 3-piece, Main
- 4-piece, Main
- 2-piece, Second
- Municipality
- Peterborough
- Neighbourhood
- Monaghan Ward 2
- Main cross streets
- Lansdowne/ Brealy to Cherryhill
- Zoning
- R.50
- Directions
- Lansdowne / Brealy to Cherryhill
- MLS® number
- X12977548
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-02
- Listed on
- 2026-04-09
- Days on market
- 146 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- CENTURY 21 UNITED REALTY INC.
Home Market Value
Current home valuation for Unit 503, 1818 Cherryhill Road, Peterborough, Monaghan Ward 2, Peterborough, ON. Listed for $599,900
HOMEH Estimate
$562,500
Estimated Sales Range
$441,318 - $683,682
HOMEH Estimate for Unit 503, 1818 Cherryhill Road, Peterborough, Monaghan Ward 2
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
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$34,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,580 | $16,737 | $14,278 | $0 |
=Total mortgage | $587,086 | $556,647 | $524,193 | $479,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,866monthly | $2,718monthly | $2,559monthly | $2,343monthly |
Land Transfer Tax
$8,473
$8,473
Around this home
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