$649,000Asking Price
#501 - 1818 Cherryhill Road, Peterborough, ON K9K 1S6 #7
Monaghan, Peterborough
Step into luxury at the prestigious Summit Place in Peterborough's west end one of only eight exclusive penthouses, now priced $200,000 below the most recent sale, offering a unique opportunity for personal customization. This expansive 2,230 sq ft residence is perfect for entertaining, featuring an open-concept great room with soaring 24ft cathedral ceilings and stunning views of the adjacent maple forest, ideal for pet walking, as pets are welcomed in the building.The versatile upper loft, perfect for artists, offers an open studio space overlooking the living room, complete with a private terrace accessed via patio doors. Bathed in natural light, this creative sanctuary includes a bathroom and ample room for cleanup, allowing you to paint both indoors and outdoors. The main floor hosts two bedrooms with treetop forest views and an adjacent bath with a walk-in shower.The enclosed U-shaped kitchen is designed for entertaining, providing privacy while hosting guests. Additional features include hardwood floors, a dedicated laundry room, and in-suite storage. Building amenities boast a secure foyer with intercom, a gracious lobby, two elevators, a mail room, library/special events room, mezzanine storage, and secure underground parking with bike storage, a cold car wash, and a workshop.Enjoy resort-like living with a beautifully manicured property featuring a private heated pool, cabana, and BBQ area. Located less than 10 minutes from Peterborough Regional Health Centre, with shopping, Fleming Wellness Centre, and Mapleridge Recreation Centre within walking distance. Golf and Peterborough Marina are just minutes away. This is one of Peterborough's best-built and maintained condos, waiting for you to make it your own! **Price Adjustment Opportunity:** With a $200,000 price adjustment, you could enjoy condo fee-free living for nearly seven years or invest the $200,000 to reduce your condo fees during your lifetime in the building.
Step into luxury at the prestigious Summit Place in Peterborough's west end one of only eight exclusive penthouses, now priced $200,000 below the most recent sale, offering a unique opportunity for personal customization. This expansive 2,230 sq ft residence is perfect for entertaining, featuring an open-concept great room with soaring 24ft cathedral ceilings and stunning views of the adjacent maple forest, ideal for pet walking, as pets are welcomed in the building.The versatile upper loft, perfect for artists, offers an open studio space overlooking the living room, complete with a private terrace accessed via patio doors. Bathed in natural light, this creative sanctuary includes a bathroom and ample room for cleanup, allowing you to paint both indoors and outdoors. The main floor hosts two bedrooms with treetop forest views and an adjacent bath with a walk-in shower.The enclosed U-shaped kitchen is designed for entertaining, providing privacy while hosting guests. Additional features include hardwood floors, a dedicated laundry room, and in-suite storage. Building amenities boast a secure foyer with intercom, a gracious lobby, two elevators, a mail room, library/special events room, mezzanine storage, and secure underground parking with bike storage, a cold car wash, and a workshop.Enjoy resort-like living with a beautifully manicured property featuring a private heated pool, cabana, and BBQ area. Located less than 10 minutes from Peterborough Regional Health Centre, with shopping, Fleming Wellness Centre, and Mapleridge Recreation Centre within walking distance. Golf and Peterborough Marina are just minutes away. This is one of Peterborough's best-built and maintained condos, waiting for you to make it your own! **Price Adjustment Opportunity:** With a $200,000 price adjustment, you could enjoy condo fee-free living for nearly seven years or invest the $200,000 to reduce your condo fees during your lifetime in the building.
See MoreKey Info
- Apartment Other
- 2 Parking
- Cherryhill Road and Brealey Drive
- 2000-2249 Approximate Sq Feet
- 31-50 Years Approximate Age
- North-East Exposure
- Ensuite Laundry
- Exclusive Locker #38
- Forced Air
- Central Air
Property
- $1,795 Monthly Condo Fees
- Includes: Heat, Water, Central A/C, Common Elements, Building Insurance, Parking.
- Excludes: Hydro, Cable TV
- Amenities: Car Wash, Pool, Visitor Parking
- Taxes were $6,294 in 2024
Details
- Elevator
- Aluminum Siding Exterior
- Fireplace
- 1 Kitchen
- Retirement Community
- MLS #X11972419
- ROYAL LEPAGE PROALLIANCE REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Main | 6.07' x 10.86' | Skylight, Cathedral Ceiling(s) |
| 2 | Kitchen | Main | 11.06' x 13.29' | Built-in Appliances |
| 3 | Den | Main | 16.01' x 12.93' | Combined with Solarium, Walkout To Balcony |
| 4 | Other | Main | 13.78' x 4.46' | Balcony |
| 5 | Other | Main | 36.29' x 6.53' | Balcony, North View, Overlooks Park |
| 6 | Laundry | Main | 6.33' x 7.38' | |
| 7 | Bathroom | Main | 9.61' x 7.78' | 3-PieceBath |
| 8 | Bathroom | Upper | 6.82' x 9.22' | 4-PieceEnsuite, Soaking Tub, Clerestory |
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom on Upper | |||
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Who lives here?
Monaghan, Peterborough is an east GTA neighbourhood notable for its university grads, executives and business, health and education, law & public sector professionals. It has a higher than average population of immigrants. Residents tend to be older with a significant number of kids aged 10 to 14, youth aged 15 to 19, adults aged 45 to 64 and seniors aged 65 to 79.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
43%
of residents are
single and loving it.
43% singles
Peterborough (49%)Renters
31%
of residents
are renters.
31% renters
Peterborough (39%)Education
33%
of residents are
university grads.
33% university grads
Peterborough (27%)Income
Average Household Income
$110K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 14% |
| Government | 11% |
| Business | 8% |
| Health | 6% |
| Management | 6% |
Immigrants
9%
of residents were
born outside of Canada.
9% immigrants
Peterborough (8%)Birthplace - All
2.1% from UK
All-time
Birthplace - Recent
0.2% from India
Recent
Foreign Languages
Foreign Languages
| French | 1% |
| German | 1% |
| Polish | 1% |
| Gujarati | 1% |
Religions
Religions
| Christian | 72% |
| Hindu | 1% |
| Jewish | 1% |
| Muslim | 1% |
