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Investment signal

$679,800

1539 CHERRYHILL ROAD

Beds

Baths

4.1

Sqft

—

Year

—

Location

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About this home

Kawartha Heights, a convenient and upscale west end community in Peterborough. Steps to Kawartha Heights Park and minutes from amenities, shopping, schools, and restaurants. Beautiful home with upgrades, including granite counters, marble backsplash, stainless steel appliances, gas cookstove, and professional landscaping. Exceptional cash flow opportunity with well-established tenants in place. Great in-law suite potential for extended family. Elevated deck with a fantastic view, and an amazing place for entertaining and barbecue nights! Large primary bedroom with 4 piece ensuite and walk-in closet. Main floor features, laundry with gas dryer, dining room, 2 pc bathroom and a separate entrance from the attached garage. The walkout basement includes its own kitchen and laundry room, walk-in closet, newer bathroom, and a gas fireplace. Huge fenced yard and a second hangout spot on the lower deck. Quiet location, wonderful curb appear, just outstanding value here ... superb cash flowing investment opportunity or family home with in-law suite. (id:65958)

Subtype: Single Family
Structure: House
Community: Monaghan Ward 2
Common interest: Freehold
Lot dimensions: 70 x 145 FT
Bedrooms: 3 above grade
Parking: 3 total
Stories: 2
Fireplace: 1
On market: Apr 13, 2026
Status changed: Apr 13, 2026
Annual tax: $5,590.48 (2026)
Zoning: R1
Photos: 41
MLS#: X12989544
Area: PETERBOROUGH_(MONAGHAN_WARD_2)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFullApartment in basementSeparate entranceWalk outN/AN/AN/A

Appliances

WasherRefrigeratorGas stove(s)DishwasherDryerWindow CoveringsGarage door openerWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Foundation

Concrete

Lot

Irregular lot sizeSlopingRolling

Utilities

SewerElectricityCable

Negative cash flow ~$1,348/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.90%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,819

Financing

Down payment$135,960

Loan amount$543,840

Mortgage$3,336/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$312

Insurance$80

Maintenance$567

CapEx reserve$283

Vacancy loss$170

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Peterborough (Monaghan Ward 2). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,336/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.