503 - 1818 CHERRYHILL ROAD
Central Lakes · K9K1S6
$599,900
About this residence
If you think moving to a condo means sacrificing living and storage space, think again! Welcome to the penthouse at Summit Place on Cherryhill Road in Peterborough. Enjoy maintenance free condo living in a home that feels just as bright and spacious as a detached house. This 2 bedroom, 3 bathroom, open concept penthouse features two private balconies plus a spacious rooftop terrace, in-suite laundry, numerous in-suite walk-in closets and storage areas, and a versatile loft space with its own half bath, gas fireplace, and access to the rooftop terrace. Because it's a corner unit with floor to ceiling windows you've got natural light coming in from three directions, including the skylight. All residents of Summit Place share access to a group meeting room, library, workshop, private storage areas, a heated outdoor swimming pool, and beautiful gardens. Plus you're steps away from Mapleridge Park and minutes away from all the shopping and restaurants in Peterborough's west end. Condo Fees include: Water, Heating, AC, Building Liability Insurance, Maintenance of the Heat Pumps, Parking, Common Elements Maintenance (including the pool) (id:61366)
Property details
- Property type
- Single Family
- Style
- Apartment
- Ownership
- Condo/Strata
- Bedrooms
- 2 (2 above)
- Bathrooms
- 3 (1 half)
- Living area
- 2,000–2,249 sq ft
- Parking
- 1 spaces
- Fireplace
- Yes
- Annual tax
- $7,708
- Association fee
- $1,988
- MLS®
- X12977548
- Board
- Central Lakes
- Status
- Active
- Listed
- Apr 9, 2026
- Updated
- Jul 15, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 1.51 × 2.34 m |
| Bathroom | Main level | 3.39 × 4.02 m |
| Bedroom | Main level | 5.03 × 7.77 m |
| Bedroom | Main level | 4.85 × 4.83 m |
| Kitchen | Main level | 3.44 × 3.49 m |
| Living room | Main level | 7.69 × 8.93 m |
| Utility room | Main level | 2.98 × 1.78 m |
| Bathroom | Upper Level | 1.55 × 1.52 m |
| Family room | Upper Level | 9.17 × 6.5 m |
Features & finishes
Appliances
- Intercom
Heating
- Heat Pump
- Natural gas
Cooling
- Central air conditioning
Exterior
- Concrete
- Stucco
Parking
- Garage
- Underground
Lot
- Elevator
- Balcony
- In suite Laundry
Community
- Pets Allowed With Restrictions
Pool
- Outdoor pool
Architecture
- Loft
Financing
Estimated monthly payment
$2,806/mo
Loan amount
$479,920
Down payment
$119,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
About the area
Census · K9K- 13,359
- Population
- 47
- Median age
- $98,000
- Median income
- $600,000
- Median home value
- 82%
- Home ownership
- 21 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 503 - 1818 CHERRYHILL ROAD?
503 - 1818 CHERRYHILL ROAD is listed for $599,900, in Central Lakes.
How many bedrooms and bathrooms does 503 - 1818 CHERRYHILL ROAD have?
It offers 2 bedrooms and 3 bathrooms (including 1 half-bath).
What type of home is 503 - 1818 CHERRYHILL ROAD?
503 - 1818 CHERRYHILL ROAD is a Single Family, Apartment.
How large is 503 - 1818 CHERRYHILL ROAD?
The home offers approximately 2,000–2,249 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,806. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $7,708 per year.
Is there parking?
Yes — 503 - 1818 CHERRYHILL ROAD includes 1 parking space.
What is the Central Lakes area like?
Central Lakes has a population of about 13,359, a median age of 47, a 82% home-ownership rate, with an average commute of about 21 minutes.
What is the average home value in Central Lakes?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Central Lakes?
The median household income in this area is approximately $98,000.
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