Client RemarksNestled in the heart of Northumberland County, 1562 Morganston Rd sits in the quiet township of Cramahe - surrounded by rolling hills, open farmland, and mature trees. You're minutes from the charming hamlet of Castleton, home to one of Canada's longest-running general stores, and a short drive to Warkworth, a designated arts community known for its local shops, cafes, galleries, and healthcare. Cobourg - with its full range of amenities, waterfront, shopping, and dining - is just 20 minutes away. Quick access to Highway 401 keeps Toronto within reach without giving up the peace of rural Ontario. The property sits on just under an acre framed by mature willows, maples, and pines and a white picket fence. Multiple patios with outdoor lighting make it a natural space for entertaining, with plenty of open room for kids to enjoy the outdoors. Outbuildings and sheds round out the lot with added storage and functionality. This large home has the space and layout to support multigenerational living, two families under one roof, or a self-contained in-law suite. The size gives you real options - however your situation evolves, this home can adapt. The main floor offers generous living space, a huge eat-in kitchen, a family room, a games room, and 3 bedrooms including 2.5 baths. The screened porch extends your usable space well into the warmer months. The south wing's second floor adds 3 more bedrooms. The basement has the room and ceiling height to be partially finished or used for serious storage. The home is equipped with geothermal heating and an oversized septic system. Ideal for large families or contractors who need space for their equipment.
6 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $244 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1562 Morganston Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Full, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0.89
Listing & possession
Property style
2-Storey
Property class
Detached
1562 Morganston Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13797612$610,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1562 Morganston Rd Compares to the Cramahe Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,997
/mo
based on the purchase price of $610,000
$122,000 cash
$488,000 financed
$411,024 total interest
Principal54%$488,000
Interest46%$411,024
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 Cramahe
Other 5-bed homes for sale in Cramahe around $610K.
Average days on market96Homes sold in about 96 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings87Homes for sale here right now.
Median vs prior 90 days−0.7%Compared with May 11 – Aug 9, 2026: prices down.
Based on 53 sales from Aug 9 – Nov 7, 2026 (32 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1562 Morganston Rd
How much is 1562 Morganston Rd listed for?
1562 Morganston Rd is listed at $610,000 (MLS® X13797612). Summitly updates the price as soon as the MLS® record changes.
Is $610,000 a good price for 1562 Morganston Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Cramahe. 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 1562 Morganston Rd changed?
No — 1562 Morganston Rd is still listed at its original asking price of $610,000.
How many bedrooms and bathrooms does 1562 Morganston Rd have?
1562 Morganston Rd has 6 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Cramahe.
How much would the monthly mortgage be on 1562 Morganston Rd?
About $2,997 a month — principal and interest on $610,000 with 20% down ($122,000), 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 1562 Morganston Rd compare with other homes in Cramahe?
Its asking price of $610,000 is about 6% below the median sold price in Cramahe over the last 90 days, $647,168, across 53 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 1562 Morganston Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1562 Morganston Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1562 Morganston Rd?
1562 Morganston Rd is in Cramahe, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1562 Morganston Rd been on the market?
51 days — 1562 Morganston Rd was listed on September 17, 2026.
What is the price per square foot of 1562 Morganston Rd?
About $203 to $244 per square foot: the asking price of $610,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 1562 Morganston Rd have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 1562 Morganston Rd have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
