2220 Asphodel 3rd Line, Asphodel-Norwood, ON

$849,900
MLS#:X11926927
5 beds
3 baths
2000-2500 sqft
13.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Asphodel-Norwood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $849,900 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 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 160 x 877 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 13.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to your rural retreat, located just minutes from Peterborough. This family-perfect raised bungalow is nestled on 3.6 acres, offering something for everyone. Enjoy relaxing by your private pond with a dock, or cool off in the above-ground pool after a hot summer day. Take in stunning sunset views from your western-exposure, multi-tiered deck.As you enter, you're greeted by a spacious foyer that leads to an open-concept design. The main floor features a chef-inspired kitchen, a large dining room perfect for extended family gatherings, and a cozy family room with a fireplace. The main level also includes three generous bedrooms, including a large primary bedroom with an ensuite and walkout access to the outdoors.The lower level boasts a bright family room, two additional bedrooms, a 3-piece bath, and a large storage/workshop area.Outside, you'll find ample storage with a triple-car garage, a sea can, and sheds for all your toys. For gardening enthusiasts, there's a large garden waiting for your green thumb. This home truly has it allmake it yours today!

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Property Summary

This detached home located at 2220 Asphodel 3rd Line, Asphodel-Norwood is currently for sale and has been available on SousaSells for 547 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 2220 Asphodel 3rd 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
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 22, 2025
Sold price information is available to members only
Listed Date1/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementFull, Finished
Lot Size160 × 877 Feet
CountyPeterborough
Annual Tax$4,025.2
Legal DescriptionPT LOT 15 CON 2 ASPHODEL PT 2 RP 45R1808 TOWNSHIP OF ASPHODEL - NORWOOD

Parking & Garage

Parking Spaces13.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

River/Stream, School Bus Route, Sloping

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

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Location

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2220 Asphodel 3rd 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 2220 Asphodel 3rd 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$254,970 (30.0%)
* Minimum Canadian down payment required for this price is $59,990.
Amortization Period30 Years
Estimated Monthly Payment$2,829Based on a loan of $594,930 over 30 years.
Purchase Price$849,900
Loan Amount$594,930
Provincial Land Transfer Tax:$13,473
Total Estimated Closing Taxes:$13,473

About Purchasing a Home in Asphodel-Norwood, ON

For a property listed at $849,900 in Asphodel-Norwood, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.

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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.