29 Merino Road, Peterborough

$1,150,000
29 Merino Road

$1,150,000

New
30d
DetachedBungalow

29 Merino Road, Peterborough

Total Monthly Obligation $5,788

Beds
4
Baths
3
Park
6
Sqft
2000-2500
DOM
30d
Score
14
Yield
3.0%
Cash on Cash
-12.0%
Cap Rate
2.0%
5Y IRR
6.2%
10Y IRR
7.3%
Property Type-Detached
MLS® Number-X13818472
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-0.586 Acres
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$9,287.99 (2025)
Parking-8 - Attached
Basement-Separate Entrance, Full, Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Wood
Pool-None
Facing-South
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Monaghan Ward 2
Title-Residential Freehold

No agent assigned

Welcome to Roper Estates, one of Peterborough's most prestigious and established enclaves. Set on 0.586 acres of mature, private landscape with 100.13 feet of frontage, 29 Merino Road offers a land position that simply cannot be replicated - a premier lot in a decades-old subdivision where parcels of this scale rarely come to market. Built in 1954, this mid-century modern bungalow offers 2,175 sq ft above grade plus a 1,591 sq ft finished walk-out lower level. At its heart is a 400 sq ft addition designed by the late Eberhard Zeidler, one of Canada's most celebrated architects - a light-filled dining room with a gas fireplace and garden views, equally at home as a family room or a gallery for your collection. Rich mahogany panelling, three fireplaces and expansive walls of glass capture the spirit of the era, and the living room - more than 30 feet long and warmed by a wood-burning fireplace - overlooks the garden with a walk-out. The main floor features the primary bedroom with 4-piece ensuite, two more bedrooms, a 2-piece bath, and a breakfast room with laundry. The walk-out lower level, with separate entrance, adds a family room over 25 feet long with a wood-burning fireplace, a recreation room, a fourth bedroom and a 3-piece bath - with in-law potential. Central air, central vacuum, monitored security, an attached double garage and room for six more in the drive complete the picture. A five-minute walk to Roper Park, minutes to Peterborough Regional Health Centre, and within the West End's sought-after school catchment. Enjoy it as-is or make it your own, and secure an irreplaceable lot without the cost and time of building new. A full pre-inspection and material reports are available, along with a virtual tour, photo gallery and floor plans. Flexible possession. A rare offering in an irreplaceable location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$920,000
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$5,788/mo
Mortgage $4,639
Monthly Loss $4,567
Principal$1,221
Interest$3,418
Property Tax$774
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.4%0
5-Year IRR
3.6%7
10-Year IRR
5.7%
Returns Index
4.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,800/yr
NOI
$17,532/yr
Net Cash Flow
-$3,178/mo
Cash Margin
-109.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 29 Merino Road

Time

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