DetachedListed yesterday

1518 Monaghan Rd, Peterborough

Name: 1518 Monaghan Road
SKU: X14159572
Price: 439900 CAD
Availability: InStock

Peterborough, ON · · MLS® X14159572Updated November 7, 2026

$439,900Est. $2,161/mo mortgage

Bedrooms: 2
Bathrooms: 1
Living space: 1100–1500sq ft
Parking spaces: 3

Type Detached
Lot 50 acres
Garage Yes
Basement Walk-Up, Unfinished

What you should know

1518 Monaghan Rd is a 2-bedroom, 1-bathroom detached home in Peterborough, listed for $439,900. It has 1100-1500 sq ft of living space.

Featuring 2 bedrooms and 1 bathroom, the home welcomes you with beautiful hardwood floors, warm wood trim and large living room windows that fill the space with natural light.
The updated kitchen brings a cheerful touch of colour, along with stainless steel appliances and plenty of cabinetry.
Just off the kitchen, the spacious dining room is ideal for everyday meals or gathering with family and friends.

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1 Upcoming Open House at 1518 Monaghan Rd

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Saturday, November 71:00 PM – 2:30 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)

2 Bed, 1 Bath Detached Home in Peterborough

About 1518 Monaghan Road

Full of character and charm, this inviting mid-century bungalow offers a wonderful blend of original details and thoughtful updates. Featuring 2 bedrooms and 1 bathroom, the home welcomes you with beautiful hardwood floors, warm wood trim and large living room windows that fill the space with natural light. The updated kitchen brings a cheerful touch of colour, along with stainless steel appliances and plenty of cabinetry. Just off the kitchen, the spacious dining room is ideal for everyday meals or gathering with family and friends. The beautifully refreshed bathroom adds a little personality of its own, with rich green tones, gold accents, a modern vessel sink and a full tub/shower.At the back of the home, you'll find a lovely 3-season sunroom surrounded by windows, complete with an electric fireplace and peaceful views of the backyard. It's an inviting space to enjoy your morning coffee or unwind at the end of the day. Outside, mature trees and established greenery create a private-feeling backyard with room to relax, entertain or enjoy an evening around the fire. With no immediate rear neighbours, it's a welcome escape right in the city.The unfinished basement provides generous storage space and a convenient walk-up to the backyard. Additional features include forced-air gas heating, central air conditioning and a detached garage. Situated at the corner of Monaghan Road and McDonnel Street, the driveway and parking are conveniently accessed from McDonnel Street.Enjoy being just minutes from Jackson Park and its scenic trails, the hospital, the beautiful grounds of The Mount and all the amenities Peterborough has to offer. A charming home with plenty of personality in a convenient central location!

2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $400 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1518 Monaghan Rd

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1100-1500 sq ftas stated on the listing
Parking: 3 spacesYes garage
Basement: Walk-Up, Unfinished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 3

Interior

Basement: Walk-Up · Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

1518 Monaghan Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 6, 2026For saleListedThis listingMLS® X14159572$439,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1518 Monaghan Rd Compares to the Peterborough Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 710 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Peterborough market, last 90 days

Median sold price: $565,000
Average sold price: $592,403
Average days on market: 36
Homes sold: 366

Closed sales on the TRREB MLS®.

Full Peterborough market report

Recently sold nearby in Peterborough

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home1518 Monaghan Road 2 bd · 1 ba · 1,100 sqft	$439,900asking	$400	—	—
732 Gillespie Avenue 3 bd · 1 ba · 700 sqft
661 CLANCY Crescent 2 bd · 1 ba · 700 sqft
289 Bennet Street 3 bd · 2 ba · 700 sqft
298 Cottonwood Drive 3 bd · 2 ba · 1,500 sqft
368 O'Leary Avenue 3 bd · 2 ba · 1,100 sqft
923 Northminster Avenue 3 bd · 2 ba · 700 sqft

732 Gillespie Avenue
3 bd · 1 ba · 700 sqft
661 CLANCY Crescent
2 bd · 1 ba · 700 sqft
289 Bennet Street
3 bd · 2 ba · 700 sqft
298 Cottonwood Drive
3 bd · 2 ba · 1,500 sqft
368 O'Leary Avenue
3 bd · 2 ba · 1,100 sqft
923 Northminster Avenue
3 bd · 2 ba · 700 sqft

Living in Peterborough: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 1518 Monaghan Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,161; 20% down · 25 years · 5.5% assumed
Property tax: $242; 0.66% mill rate · ON
Total per month: $2,403; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,161

/mo

based on the purchase price of $439,900

Down payment20%

$87,980 cash

Amortization25 yr

$351,920 financed

Rate5.50%

$296,409 total interest

Principal54%$351,920

Interest46%$296,409

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: Exit Realty Liftlock, BrokerageMLS® X14159572 · Listing data last updated November 7, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Nov 5· $400/sq ft

Estimated monthly mortgage$2,161/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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