2 Darrell Drain Crescent, Asphodel-Norwood, ON

$679,000
MLS#:X9387599
3 beds
3 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Asphodel-Norwood. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $679,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Spacious lot size measured in Feet
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Primary Bedroom - Main Floor, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the charming community of Norwood, this all-brick bungalow, built in 2020, offers a like new home. Located on a fully fenced corner lot, this home boasts an expansive 1273 sq. ft. on the main floor. The upper level is an open-concept layout perfect for seamless living. Engineered hardwood floors flow throughout the dining area, living room, and kitchen, creating a cohesive space. Vaulted ceilings, crown moulding and upgraded kitchen cabinets elevate this space. Sliding patio doors lead out to a spacious deck, perfect for outdoor gatherings, and a generous yard for family fun or gardening.The main floor features two well-appointed bedrooms and two bathrooms. The primary suite includes a walk-in closet and a private ensuite. The beautifully finished lower level offers a family room complete with stylish built-ins, a games room ideal for entertaining, a modern 3-piece bathroom, an additional bedroom, laundry room, and plenty of storage. Located just 20 minutes east of Peterborough with easy access to Highway 115, this home is within walking distance to schools, shopping, dining, and a state-of-the-art community center. Youll enjoy the perfect blend of convenience and small-town charm with everything Norwood has to offer just steps away.

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Property Summary

This detached home located at 2 Darrell Drain Crescent, Asphodel-Norwood is currently for sale and has been available on SousaSells for 644 days. This property is listed at $679,000 with an estimated mortgage of $2,260* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 2 Darrell Drain Crescent, 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
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 14, 2024
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick Front
BasementFinished
CountyPeterborough
Annual Tax$3,563.17
Legal DescriptionLOT 52, PLAN 45M250; SUBJECT TO AN EASEMENT FOR ENTRY AS IN PE339435 TOWNSHIP OF ASPHODEL-NORWOOD

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Primary Bedroom - Main Floor, Water Softener

Security Features

Community Features

Location

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2 Darrell Drain Crescent, 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 2 Darrell Drain Crescent, Asphodel-Norwood, ON K0L 2V0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$203,700 (30.0%)
* Minimum Canadian down payment required for this price is $42,900.
Amortization Period30 Years
Estimated Monthly Payment$2,260Based on a loan of $475,300 over 30 years.
Purchase Price$679,000
Loan Amount$475,300
Provincial Land Transfer Tax:$10,055
Total Estimated Closing Taxes:$10,055

About Purchasing a Home in Asphodel-Norwood, ON

For a property listed at $679,000 in Asphodel-Norwood, the legal minimum down payment is $42,900 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 $10,055 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 $10,055.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$738,561

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.