Modern and recently renovated 2 + 1 bedroom, 2 bath, all brick bungalow with attached garage offers approx 1350 sq ft of living space with a brand new stylish kitchen with soft close cabinets, pantry with pullouts, granite countertops with peninsula island with extended eat up countertop. New laminate flooring throughout main level. Finished basement offers potential for student rental with large bedroom with larger window, walk in closet and a 3 pc bath, plus a rec room area with oversized escape window and small wetbar/kitchenette that offers cabinets, counter space and small fridge, or can be easily removed to convert to a 4th bedroom if needed. Basement also offers potential to be converted to an inlaw. Walk out from kitchen to a new fully privacy fenced yard, new patio area in back and also front walkway and entry. Newer ac unit and some new windows on main level. Located in the North end on bus route and close to shopping and schools.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $757 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 228 Towerhill Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
228 Towerhill Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,603
/mo
based on the purchase price of $529,900
$105,980 cash
$423,920 financed
$357,052 total interest
Principal54%$423,920
Interest46%$357,052
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Peterborough
Other 2–3 bed homes for sale in Peterborough around $530K.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings410Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with May 3 – Aug 1, 2026: prices up.
Based on 374 sales from Aug 1 – Oct 30, 2026 (329 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 228 Towerhill Rd
How much is 228 Towerhill Rd listed for?
228 Towerhill Rd is listed at $529,900 (MLS® X13549344). Summitly updates the price as soon as the MLS® record changes.
Is $529,900 a good price for 228 Towerhill Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 228 Towerhill Rd changed?
Yes — it was first listed at $549,900 and is now $529,900, a drop of $20,000 (3.6%).
How many bedrooms and bathrooms does 228 Towerhill Rd have?
228 Towerhill Rd has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Peterborough.
How much would the monthly mortgage be on 228 Towerhill Rd?
About $2,603 a month — principal and interest on $529,900 with 20% down ($105,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 228 Towerhill Rd compare with other homes in Peterborough?
Its asking price of $529,900 is about 7% below the median sold price in Peterborough over the last 90 days, $570,000, across 374 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 228 Towerhill Rd been sold before?
Summitly has no earlier MLS® sale or lease of 228 Towerhill Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 228 Towerhill Rd?
228 Towerhill Rd is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 228 Towerhill Rd been on the market?
112 days — 228 Towerhill Rd was listed on July 10, 2026.
What is the price per square foot of 228 Towerhill Rd?
About $482 to $757 per square foot: the asking price of $529,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 228 Towerhill Rd have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 228 Towerhill Rd have a basement, and is it finished?
The listing describes the basement as: Finished, Full.
