1514 Monaghan Road

Introducing a remarkable opportunity to acquire a charming house for sale in Peterborough , located at 1514 Monaghan Road, Peterborough. This delightful detached bungalow, nestled within the desirable Town Ward 3 community, boasts an array of features that make it a truly exceptional property. With its classic English-style architecture, this home is not just a residence; it is a statement of timeless elegance and enduring craftsmanship.

As you approach the property at 1514 Monaghan Road, Peterborough, you are greeted by a stunning stone facade and a steeply pitched gable roof, which together create an inviting and picturesque exterior. The prominent stone chimney and classic multi-pane windows further enhance the home's character, while the well-maintained brick and stone exterior ensure lasting durability. The property is set on a generous lot measuring 50 x 80 feet, providing ample outdoor space for gardening or relaxation.

Inside, the house for sale in Peterborough features two spacious bedrooms and two additional den spaces, making it ideal for families or those seeking a home office. The main kitchen is perfectly positioned to serve both everyday meals and entertaining guests, while the family room offers a comfortable space for relaxation. The original hardwood floors and gumwood trim throughout the home add warmth and character, beautifully preserving the historic appeal of this charming bungalow.

One of the standout features of this property is the finished basement, which has been professionally renovated in 2024. This space includes spray foam insulation, updated plumbing, and a luxurious four-piece bathroom complete with double sinks. Modern electrical outlets with USB A and C connections ensure convenience for all your devices. The addition of a newly installed basement egress window enhances safety and allows for natural light to flood the space. The side entrance presents an excellent opportunity for an in-law suite setup, offering flexibility for multi-generational living.

The house for sale in Peterborough also boasts a bright and inviting sunroom that overlooks perennial gardens, providing an idyllic spot to unwind and enjoy the mature, landscaped surroundings. This sunroom is a testament to the thoughtful updates made over the past eight years, which include a new electrical panel, a renovated main-floor bathroom, and the installation of Gentek windows throughout the home. All new eavestroughs and downspouts with leaf guards ensure that the property remains well-maintained and protected from the elements.

For those who appreciate outdoor activities, the location of 1514 Monaghan Road, Peterborough, is simply unbeatable. The property is within walking distance to the beloved Jackson Park, a local gem that offers recreational facilities and beautiful green spaces. Additionally, it is conveniently situated directly across from the meticulously maintained grounds of The Mount, and close to schools, the hospital, and various amenities.

This house for sale in Peterborough presents a rare blend of classic Old West End character and modern updates that discerning buyers are seeking. With its thoughtful renovations, spacious living areas, and prime location, this home is not just a place to live; it is a sanctuary that offers comfort, style, and convenience.

Don’t miss your chance to own this gem of a home at 1514 Monaghan Road, Peterborough. With its unique features and prime location, this property is sure to attract considerable interest. Act quickly to secure your opportunity to experience the charm and warmth of this exceptional house for sale in Peterborough.

Town Ward 3, located within the vibrant city of Peterborough, offers a unique blend of urban convenience and suburban charm. This area is characterised by its diverse residential neighbourhoods, green spaces, and a variety of local amenities, making it an appealing choice for families and professionals alike. With easy access to public transport, residents can enjoy the bustling city centre, while also benefiting from nearby parks and recreational facilities. The ward boasts a rich tapestry of cultural influences, reflected in its shops, eateries, and community events, fostering a welcoming atmosphere for newcomers. Whether you're seeking a quiet retreat or a lively social scene, Town Ward 3 provides a well-rounded living experience.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is St. Peter Catholic Secondary School, situated just 0.4 km away, offering grades 9 to 12 in both English and French under the Peterborough Victoria Northumberland and Clarington Catholic District School Board. For younger children, St. Teresa Catholic Elementary School is only 1.0 km from the property, providing education from Junior Kindergarten to Grade 8 in English. Additionally, St. Anne Catholic Elementary School, located 1.9 km away, offers a French-language curriculum for the same grade levels. All schools in the vicinity are part of the Catholic education system, ensuring a values-based learning environment. Although the school ratings are currently not available, the proximity of these institutions can provide convenience and accessibility for families with children. With a mix of English and French language options, parents can choose the best fit for their children's educational needs. Overall, this property is well-situated for families prioritizing education and community involvement.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 517 residents, with an average household size of 1.9 individuals. The community has a median age of 40.9 years and an average household income of $56,000. Notably, 27.6% of the population is classified as low-income, indicating economic challenges for a segment of the community. The housing market reflects an average property price of $375,000, with a significant majority of residents (64.71%) renting their homes, while there are no condominiums available in the area. The population is predominantly single, comprising 59.3%, and households with children account for 29.17%. Immigrants make up a modest 3.19% of the population, and a notable 59.76% of residents have attained a college or university education. Additionally, a significant portion of the population, 31.71%, is not in the labor force, suggesting potential barriers to employment. Overall, this demographic snapshot highlights a diverse community with a mix of educational attainment and economic challenges, set against a backdrop of a predominantly rental housing market.