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.
3 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $280 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1561 Cherryhill Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
2500-3000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1561 Cherryhill Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,438
/mo
based on the purchase price of $699,900
$139,980 cash
$559,920 financed
$471,600 total interest
Principal54%$559,920
Interest46%$471,600
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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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.
Similar homes for sale nearby in Peterborough
Other 3-bed homes for sale in Peterborough around $700K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings438Homes for sale here right now.
Median vs prior 90 days+6.0%Compared with Apr 19 – Jul 18, 2026: prices up.
Based on 372 sales from Jul 18 – Oct 16, 2026 (324 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1561 Cherryhill Rd
How much is 1561 Cherryhill Rd listed for?
1561 Cherryhill Rd is listed at $699,900 (MLS® X13723142). Summitly updates the price as soon as the MLS® record changes.
Is $699,900 a good price for 1561 Cherryhill Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1561 Cherryhill Rd changed?
Yes — it was first listed at $724,900 and is now $699,900, a drop of $25,000 (3.4%).
How many bedrooms and bathrooms does 1561 Cherryhill Rd have?
1561 Cherryhill Rd has 3 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Peterborough.
How much would the monthly mortgage be on 1561 Cherryhill Rd?
About $3,438 a month — principal and interest on $699,900 with 20% down ($139,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1561 Cherryhill Rd compare with other homes in Peterborough?
Its asking price of $699,900 is about 21% above the median sold price in Peterborough over the last 90 days, $577,778, across 372 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1561 Cherryhill Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1561 Cherryhill Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1561 Cherryhill Rd?
1561 Cherryhill Rd is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1561 Cherryhill Rd been on the market?
49 days — 1561 Cherryhill Rd was listed on August 28, 2026.
What is the price per square foot of 1561 Cherryhill Rd?
About $233 to $280 per square foot: the asking price of $699,900 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 1561 Cherryhill Rd have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 1561 Cherryhill Rd have a basement, and is it finished?
