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1314 MONAGHAN ROAD, Peterborough (Town Ward 3) — listed at $599,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 1314 Monaghan Rd, a beautifully maintained century brick home in Peterborough's highly sought-after Avenues neighbourhood. Combining timeless character with modern functionality, this move-in-ready home offers 3+1 bedrooms, 2 bathrooms, generous living space, and parking for up to five vehicles. The main floor features bright and inviting living and dining areas, convenient laundry and a spacious family room with exposed brick overlooking the private backyard. A flexible layout provides the option for a main-floor bedroom, perfect for families, guests, or multi-generational living. A standout feature is the professionally renovated in-law suite with a separate entrance, private laundry, one bedroom plus a den and exceptional flexibility for extended family, guests or potential income opportunities. This self-contained lower-level space offers privacy, comfort and versatility to suit a variety of lifestyles. Outside, enjoy a large backyard with plenty of space to relax, entertain, or create your own outdoor retreat. Located close to schools, parks, downtown amenities, shopping and transit, this rare Avenues property offers the perfect combination of character, flexibility and move-in-ready living in one of Peterborough's most desirable neighbourhoods. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 3.85 x 3.97 meters |
| Den | Basement | 1.88 x 1.98 meters |
| Foyer | Main level | 3.5 x 2.7 meters |
| Dining room | Main level | 4.01 x 3.37 meters |
| Family room | Main level | 5.3 x 5.77 meters |
| Kitchen | Main level | 3.04 x 3.36 meters |
| Primary Bedroom | Second level | 3.06 x 3.9 meters |
| Bedroom 2 | Second level | 3.38 x 4.64 meters |
| Bedroom 3 | Second level | 3.58 x 3.35 meters |
| Bedroom 4 | Basement | 4.19 x 2.4 meters |
| Kitchen | Basement | 4.28 x 5.77 meters |
| Bathroom | Basement | — |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is this a good starter home?+
At $599,900, this is priced in starter-home territory for Peterborough (Town Ward 3). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,177.86, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Peterborough (Town Ward 3) before counting on it.
How is the space laid out across floors?+
This is a 2-storey single family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 5 spaces — No Garage.
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