1624 Chemong Rd is a 2-bedroom, 1-bathroom detached home in Selwyn, listed for $675,000. It has 2500-3000 sq ft of living space.
1Newer 24' x29' garage/office with in floor heating, ideally set up for professional work space.
2A 64' x 18' storage building/garage sits along the north boundy of the property. 1.44 acres of land in the heart of commercial properties up and down Chemong Road.
Unique opportunity to own an income generating property on the edge of Peterborough. 2 bedroom bungalow with a walkout 2 bedroom lower aprtment. Newer 24' x29' garage/office with in floor heating, ideally set up for professional work space. A 64' x 18' storage building/garage sits along the north boundy of the property. 1.44 acres of land in the heart of commercial properties up and down Chemong Road. Great exposure for your business. Come have a look, you won't be disappointed.
2 bedrooms, 1 bathroom, about 2,500 sq ft, works out to roughly $270 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1624 Chemong 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 spaces
Basement
Finished, Finished with Walk-Out
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Finished · Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1624 Chemong 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
$3,316
/mo
based on the purchase price of $675,000
$135,000 cash
$540,000 financed
$454,822 total interest
Principal54%$540,000
Interest46%$454,822
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
Own a home on Chemong Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 1624 Chemong Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 1624 Chemong Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 Selwyn
Other 2–4 bed homes for sale in Selwyn around $675K.
Average days on market48Homes sold in about 48 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings96Homes for sale here right now.
Median vs prior 90 days−5.5%Compared with May 17 – Aug 15, 2026: prices down.
Based on 102 sales from Aug 15 – Nov 13, 2026 (96 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1624 Chemong Rd
How much is 1624 Chemong Rd listed for?
1624 Chemong Rd is listed at $675,000 (MLS® X13532222). Summitly updates the price as soon as the MLS® record changes.
Is $675,000 a good price for 1624 Chemong Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Selwyn. 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 1624 Chemong Rd changed?
Yes — it was first listed at $725,000 and is now $675,000, a drop of $50,000 (6.9%).
How many bedrooms and bathrooms does 1624 Chemong Rd have?
1624 Chemong Rd has 2 bedrooms and 1 bathroom, with about 2,500–3,000 square feet of living space. It is a detached home in Selwyn.
How much would the monthly mortgage be on 1624 Chemong Rd?
About $3,316 a month — principal and interest on $675,000 with 20% down ($135,000), 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 1624 Chemong Rd compare with other homes in Selwyn?
Its asking price of $675,000 is about 2% below the median sold price in Selwyn over the last 90 days, $690,000, across 102 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 1624 Chemong Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1624 Chemong Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1624 Chemong Rd?
1624 Chemong Rd is in Selwyn, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1624 Chemong Rd been on the market?
129 days — 1624 Chemong Rd was listed on July 7, 2026.
What is the price per square foot of 1624 Chemong Rd?
About $225 to $270 per square foot: the asking price of $675,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 1624 Chemong Rd have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 1624 Chemong Rd have a basement, and is it finished?
The listing describes the basement as: Finished, Finished with Walk-Out.
