$699,000
803 Griffin Trail
Peterborough (Monaghan Ward 2), Ontario
3bed3bath
Ontario
Peterborough (Monaghan Ward 2) Real Estate
Browse homes for sale in Peterborough (Monaghan Ward 2) • Median $739,900
$739,900Median Price
30Avg Days on Market
61Detached8Condo4Land2Multi- Unit1Farm
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About Peterborough (Monaghan Ward 2) Real Estate
Monaghan Ward 2, located within the vibrant city of Peterborough, Ontario, is renowned for its rich history and welcoming community atmosphere. Once a bustling industrial hub, the area has evolved into a desirable residential neighborhood characterized by its charming tree-lined streets and a diverse array of housing options. The architecture here reflects Peterborough's heritage, with a mix of historic homes and modern builds catering to various tastes and budgets. Residents enjoy a strong sense of community, with neighbors often gathering for local events or simply enjoying the well-maintained parks and recreational facilities that dot the landscape.
The area is uniquely positioned, providing easy access to both natural beauty and urban amenities. Nearby, the Otonabee River offers scenic views and outdoor activities, while the city center is just a short drive away, brimming with shops, restaurants, and cultural attractions. Monaghan Ward 2 is particularly attractive to families and young professionals, thanks to its excellent schools, including local favorites like St. Peter's Secondary School, and proximity to businesses and employment opportunities.
Monaghan Ward 2's appeal is further enhanced by its active community life, with various events throughout the year that foster a sense of belonging. From summer festivals at nearby parks to farmers' markets and art shows, there’s always something happening that brings residents together. This neighborhood embodies the essence of Peterborough, blending historical charm with modern living, making it a perfect place for those seeking a fulfilling lifestyle in a close-knit community.
89 active listings with a median price of $739,900.
Lifestyle & Community
Living in Monaghan Ward 2 offers a balanced lifestyle that combines suburban tranquility with urban convenience. The community vibe is warm and inclusive, with local residents often participating in neighborhood events and activities. Families enjoy the accessibility of parks and recreational facilities, such as the popular Peterborough Sports and Wellness Centre. The local culture is vibrant, with art galleries, theaters, and live music events that celebrate the creative spirit of the region. Overall, Monaghan Ward 2 is a place where community engagement thrives and residents can enjoy a high quality of life.
Local Amenities
- Peterborough Sports and Wellness Centre
- Local grocery stores and markets
- Public libraries
- Parks and recreational facilities
- Schools (St. Peter's Secondary School, Monaghan Public School)
- Public transit options
- Fitness centers
- Nearby medical facilities
- Cafes and local eateries
- Community centers
Points of Interest
- Otonabee River
- Peterborough Lift Lock
- Canadian Canoe Museum
- Peterborough Memorial Centre
- Del Crary Park
- Lang Pioneer Village
- Jackson Park
- Peterborough Art Gallery
Market Overview
As of now, Monaghan Ward 2 boasts 89 active listings, with a median listing price of $739,900. Homes in this area typically spend an average of 30 days on the market, indicating a healthy demand. The market remains competitive, appealing to a range of buyers, from first-time homeowners to families seeking their next upgrade. Prospective buyers should be prepared for a brisk market and consider acting quickly to secure desirable properties.
Investment Outlook
Monaghan Ward 2 presents a promising investment opportunity, particularly for those interested in rental properties. The area's steady growth and family-friendly appeal continue to attract new residents. With ongoing development trends and a robust local economy, investors can expect favorable returns. The rental market is also thriving, making it an attractive option for those looking to generate passive income.
Ideal For
This area is ideal for first-time buyers, families looking for spacious homes, and retirees seeking a peaceful community. Investors will also find opportunities due to the attractive rental market. Overall, Monaghan Ward 2 caters to a wide range of buyers seeking a balanced lifestyle in a supportive community.
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Living in Peterborough (Monaghan Ward 2)
Lifestyle
Living in Monaghan Ward 2 offers a balanced lifestyle that combines suburban tranquility with urban convenience. The community vibe is warm and inclusive, with local residents often participating in neighborhood events and activities. Families enjoy the accessibility of parks and recreational facilities, such as the popular Peterborough Sports and Wellness Centre. The local culture is vibrant, with art galleries, theaters, and live music events that celebrate the creative spirit of the region. Overall, Monaghan Ward 2 is a place where community engagement thrives and residents can enjoy a high quality of life.
Local Amenities
Peterborough Sports and Wellness CentreLocal grocery stores and marketsPublic librariesParks and recreational facilitiesSchools (St. Peter's Secondary School, Monaghan Public School)Public transit optionsFitness centersNearby medical facilitiesCafes and local eateriesCommunity centers
Market Insights
As of now, Monaghan Ward 2 boasts 89 active listings, with a median listing price of $739,900. Homes in this area typically spend an average of 30 days on the market, indicating a healthy demand. The market remains competitive, appealing to a range of buyers, from first-time homeowners to families seeking their next upgrade. Prospective buyers should be prepared for a brisk market and consider acting quickly to secure desirable properties.
Investment Potential
Monaghan Ward 2 presents a promising investment opportunity, particularly for those interested in rental properties. The area's steady growth and family-friendly appeal continue to attract new residents. With ongoing development trends and a robust local economy, investors can expect favorable returns. The rental market is also thriving, making it an attractive option for those looking to generate passive income.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
2
$400K – $600K
16
$600K – $800K
37
$800K – $1.0M
19
$1.0M – $1.5M
4
Explore More in Peterborough (Monaghan Ward 2)
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Frequently Asked Questions About Peterborough (Monaghan Ward 2)
There are currently 84 active residential listings in Peterborough (Monaghan Ward 2). This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.