196 Centre Line, Asphodel-Norwood, ON

$788,800
MLS#:X12015739
5 beds
1 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 9, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Asphodel-Norwood. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $788,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 1 Bathroom
  • Generous living space spanning 1500-2000 sqft on a premium 118 x 195 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Beautifully Updated 5-Bedroom Raised Bungalow on Half an Acre in Westwood! Discover the perfect blend of country charm and modern convenience in this spacious 5-bedroom, 1-bathroom raised bungalow, situated on a half-acre lot in the quaint village of Westwood. Just 15 minutes to Peterborough, this home offers unobstructed views from the back deck, an above-ground pool, and plenty of space to enjoy the outdoors. With over $155,000 in recent upgrades, including a new addition, this home is move-in ready! The large primary bedroom provides a private retreat with room for a cozy seating area. The attached garage offers plenty of space for your vehicle and all your toys, making it perfect for hobbyists or outdoor enthusiasts. Enjoy the peaceful atmosphere of country living while still being close to town amenities. Whether you're looking for space for a growing family or a serene escape, this home is a must-see!

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Property Summary

This detached home located at 196 Centre Line, Asphodel-Norwood is currently for sale and has been available on SousaSells for 493 days. This property is listed at $788,800 with an estimated mortgage of $2,626* per month. It has 5 beds, 1 bathroom, and is 1500-2000 square feet. 196 Centre Line, Asphodel-Norwood is in the Rural Asphodel-Norwood neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
1
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 28, 2025
Sold price information is available to members only
Listed Date3/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding, Brick
BasementPartially Finished
Lot Size118 × 195 Feet
CountyPeterborough
Annual Tax$4,006.24
Legal DescriptionLT 5 W OF OUSE RIVER PL 7 ASPHODEL; ASPHODEL-NORWOOD

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Sump Pump, Water Heater Owned

Security Features

Community Features

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Location

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196 Centre Line, Asphodel-Norwood, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 196 Centre Line, Asphodel-Norwood, ON K0L 2B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Asphodel-Norwood.

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Interest Rate4.00%
Down Payment$236,640 (30.0%)
* Minimum Canadian down payment required for this price is $53,880.
Amortization Period30 Years
Estimated Monthly Payment$2,626Based on a loan of $552,160 over 30 years.
Purchase Price$788,800
Loan Amount$552,160
Provincial Land Transfer Tax:$12,251
Total Estimated Closing Taxes:$12,251

About Purchasing a Home in Asphodel-Norwood, ON

For a property listed at $788,800 in Asphodel-Norwood, the legal minimum down payment is $53,880 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,251 for this transaction. As this listing is in Asphodel-Norwood (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,251.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Asphodel-Norwood, Asphodel-Norwood.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$841,893

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.