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Listed 25 days ago

176 TOWERHILL Road

Northcrest Ward 5, Peterborough

$475,000

Detached|Bungalow-Raised
2 | 2 | 3
About this home

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!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,101
Lot Size0 ft x 162.7 ft
mls© NumberX13814684
Listed ByREVEL REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,431
Property tax
$425
Heat allowance
$150
Housing costs
$3,006 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $95,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,999 / mo
Cash down
$95,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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