Monaghan, Peterborough Neighborhood Guide
Monaghan is a highly desirable residential neighbourhood in Peterborough known for its family-friendly atmosphere, established homes, excellent schools, and convenient access to shopping and recreation. The neighbourhood attracts families, professionals, and retirees seeking suburban living with strong long-term value and everyday convenience. The area features detached homes, semi-detached homes, townhouses, and condominium developments that provide a wide range of housing options. Residents enjoy nearby parks, schools, recreation centres, shopping plazas, and easy access to major transportation routes throughout the city. With strong community appeal, mature streetscapes, and excellent amenities, Monaghan remains one of Peterborough’s most sought-after neighbourhoods. As more buyers and sellers look to maximize value in today’s market, many are turning to smarter real estate solutions. Top 1% REALTORS® at Modern Solution Realty have helped over 5,000+ clients, saving more than $20M+ in commission and providing over $8M+ in cashback incentives. With a 4.8-star Google rating, those buying or selling in Monaghan are increasingly taking advantage of 1% commission listings and $5,000 cashback programs.
Average Home Prices in Monaghan
- Average Detached Price: $725,000
- Average Semi-Detached Price: $575,000
- Average Townhouse Price: $550,000
- Average Condo Price: $475,000
Just Listed in Peterborough
The newest homes for sale across Peterborough from the last 30 days — Monaghan buyers often shop the surrounding neighbourhoods too.
- 360 Highland Road, Peterborough — 5 bed, 3 bath, $535,000
- 1518 Monaghan Road, Peterborough — 2 bed, 1 bath, $499,900
- 12 Summer Lane, Peterborough — 4 bed, 4 bath, $769,900
- 1853 Mapleridge Drive, Peterborough — 4 bed, 4 bath, $729,000
- 716 Sawmill Road, Peterborough — 3 bed, 4 bath, $719,900
- 253 Bowen Drive, Peterborough — 3 bed, 3 bath, $579,000
- 2048 Walker Avenue, Peterborough — 4 bed, 3 bath, $449,900
- 216 Gallagher Street, Peterborough — 4 bed, 3 bath, $599,900
See everything just listed in Peterborough
Restaurants in Monaghan
Monaghan residents enjoy convenient access to family restaurants, casual dining, cafés, and popular local eateries throughout west Peterborough.
- One Fine Food
- St. Veronus Café & Tap Room
- Apollo Grill
- Capra Toro
- The Publican House Brewery
Shopping in Monaghan
The neighbourhood is conveniently located near major shopping centres, grocery stores, retail plazas, and everyday amenities.
- Lansdowne Place
- Parkway Place
- Lansdowne Street Retail District
- Peterborough Square
Schools near Monaghan
- Monaghan Public School
- St. Peter Catholic Secondary School
- Kenner Collegiate Vocational Institute
- Westmount Public School
- Peterborough Montessori School
- Kawartha Montessori School
- Peterborough Christian School
Parks & Outdoors in Monaghan
Monaghan offers parks, playgrounds, trails, and outdoor recreation spaces ideal for families and active lifestyles.
- Jackson Park
- Monaghan Park
- Trans Canada Trail
- Hamilton Park
Arts & Culture in Monaghan
Residents enjoy nearby galleries, theatres, museums, and cultural events that contribute to Peterborough’s vibrant arts community.
- Art Gallery of Peterborough
- Showplace Performance Centre
- Canadian Canoe Museum
- Peterborough Museum & Archives
Frequently Asked Questions
Where is Monaghan located?
Monaghan is a neighborhood located in Peterborough, Ontario, Canada.
What schools are in Monaghan?
Monaghan is served by schools including Monaghan Public School, St. Peter Catholic Secondary School, Kenner Collegiate Vocational Institute, Westmount Public School, Peterborough Montessori School, Kawartha Montessori School.
What parks are near Monaghan?
Popular parks near Monaghan include Jackson Park, Monaghan Park, Trans Canada Trail, Hamilton Park.
How much commission do I pay to sell a home in Monaghan?
Modern Solution Realty lists homes in Monaghan, Peterborough for a 1% listing commission — significantly less than the traditional 2.5% — with the same full service.
Do I get cashback when buying a home in Monaghan?
Yes. When you buy a home in Monaghan, Peterborough through Modern Solution Realty, you receive $5,000 cashback at closing.
Looking to buy a home in Monaghan, Peterborough? Browse homes for sale in Peterborough with Modern Solution Realty's 1% listing commission and $5,000 buyer cashback.