$469,000
Peterborough
176 TOWERHILL Road, Peterborough (Northcrest Ward 5), Ontario, K9H7M8
This 3-bedroom, 2-bathroom home in Peterborough is for sale offering roughly 900 sq ft of space. Listed at $469,000, it is attractively priced about 21% below the $589,990 median asking price in Peterborough. It has been on the market 14 days, fresher than the Peterborough average of 51 days.
Welcome to 176 Towerhill Road, proudly offered for sale for the first time in over 30 years! This exceptionally clean and beautifully maintained all-brick detached home is located in a highly desirable Peterborough neighbourhood and reflects true pride of ownership throughout. Offering a bright, spacious and functional layout, this is an outstanding opportunity for first-time buyers, downsizers or anyone searching for a solid home in a fantastic location. The property is situated on an impressive irregular lot extending over 160 feet deep and widening to approximately 50 feet at the rear, providing an incredible amount of outdoor space and privacy. Backing directly onto peaceful green space, the expansive backyard creates a beautiful setting for entertaining, gardening, family gatherings or simply relaxing and enjoying the natural surroundings. Inside, the home offers three bedrooms and two full bathrooms, along with generous living areas filled with natural light. The third bedroom is currently being used as a formal dining room but can easily be converted back into a bedroom, home office or nursery depending on your needs. Lovingly cared for by the same owner for more than three decades, the home shows extremely well and is ready for its next chapter. Complete with an attached single-car garage and a versatile floor plan, this solid freehold property is conveniently located close to schools, parks, shopping, restaurants, public transit and everyday amenities. With its all-brick construction, oversized private lot, green-space setting and tremendous potential, 176 Towerhill Road offers exceptional value and a rare opportunity to own a truly cherished home! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 51 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 3-bed single family in Peterborough (Northcrest Ward 5) has been listed for 14 days, which is 37 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $469,000, about 7.3× the local median household income of $64,000.
Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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