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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 11 days

    228 Towerhill Road

    Northcrest Ward 5·Peterborough, ON·K9H 7M8·Near Chemong St & Towerhill Rd

    • 2 beds
    • 0
    Peterborough real estate›X7235986
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 228 Towerhill Rd. This charming 2+1 beds & 1+1 baths bungalow is the perfect starter home! The main floor features open concept living space, vinyl and ceramic flooring, exposed wooden beam in the eat-in kitchen with walk-out to the backyard, generous sized rooms and tons of closet space. The finished basement features vinyl flooring, a kitchenette/bar area, rec room, combined utility/laundry room and a bonus room that can be used as a third bed, second family room, office, gym and more! The large fenced backyard features a patio area and private green space surrounded by mature trees. Close to all amenities, schools, restaurants, shopping, golf club, and Otanabee River.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • The finished basement features. vinyl flooring, a kitchenette/bar area, rec room, combined utility/laundry room and a bonus room that can be used as a third bed, second family room, office, gym and more!
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 10, 2026Previously listedNew$549,900 —X13549344View
    Nov 5, 2023SoldSold$483,750−$16,059 (3.2%)X7261636View
    Oct 31, 2023Previously listedSld$499,809 —X7261636View
    Oct 20, 2023ListedCurrentFor sale$519,800 —X7235986This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 228 Towerhill Road
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,554
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $296
    0.68% mill rate · ON
    The market

    How this home sits in the Peterborough market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Peterborough market right now

    Average sold price, days on market, and closed-transaction count for Peterborough — sourced from MLS®.

    • Avg sold price
      $588,185
      Last 30 days
    • Median sold price
      $570,000
      Middle of the market
    • Days on market
      36 d
      Avg from list to close
    • Closed last 30d
      329
      MLS® transactions
    Full Peterborough market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 228 Towerhill Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 228 Towerhill Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 228 Towerhill Road listed for?

      228 Towerhill Road is listed at $519,800 on the MLS® (listing X7235986). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 228 Towerhill Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. Detached
  3. Asking
    $519,800
    MLS® X7235986
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $429,375
    $395,025Confidence range$463,725
    Asking vs estimate
    ↑↑well-above
    +$90,425
    (+21.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Peterborough sell in about 36 days — this one has been listed 11 days.

    Avg sold price
    $588,185
    Median sold
    $570,000
    Avg days on market
    36
    Recently sold
    329
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
  5. The main floor features open concept living space, vinyl and ceramic flooring, exposed wooden beam in the eat-in kitchen with walk-out to the backyard, generous sized rooms and tons of closet space.
  6. The large fenced backyard features a patio area and private green space surrounded by mature trees.
  7. Close to all amenities, schools, restaurants, shopping, golf club, and Otanabee River.
  8. Ask Zara a follow-up
    Sewer
  9. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    1
    Parking spaces
    3
    Driveway
    Available
  10. Interior

    4
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    5
  11. Exterior & construction

    2
    Exterior
    Brick
    Pool
    None
  12. Lot & land

    1
    Zoning
    Residential
  13. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  14. Room-by-room · 7 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    4 rooms
    • Primary Bedroom
      vinyl floor · large window · closet
      10.3 × 13.6 ft
    • Bedroom 2
      vinyl floor · window · closet
      8.5 × 9.1 ft
    • Living Room
      vinyl floor · open concept · window
      10.2 × 15.0 ft
    • Kitchen
      granite counters · centre island · eat-in kitchen
      12.1 × 11.3 ft

    Basement level

    3 rooms
    • Recreation
      vinyl floor · window · open concept
      16.3 × 20.1 ft
    • Kitchen
      Vinyl Floor
      9.0 × 6.0 ft
    • Bedroom 3
      vinyl floor · mirrored closet
      12.4 × 12.9 ft
    Combined estimate
    $2,850
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,554
    /mo
    based on the purchase price of $519,800
    $103,960 cash
    $415,840 financed
    $350,246 total interest
    Monthly payment$2,554/ month
    Principal54%$415,840
    Interest46%$350,246

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Peterborough

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 966 Noble Place
      Sold
      Sign in for price
      966 Noble Place
      Detached
    • 642 Bellaire Street
      Sold
      Sign in for price
      642 Bellaire Street
      Detached
    • 1814 Stratton Avenue
      Sold
      Sign in for price
      1814 Stratton Avenue
      Detached
    • 33 Oakwood Crescent
      Sold
      Sign in for price
      33 Oakwood Crescent
      Detached
    • 636 Romaine Street
      Sold
      Sign in for price
      636 Romaine Street
      Detached
    • 682 Victory Crescent
      Sold
      Sign in for price
      682 Victory Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    228 Towerhill RoadThis home2 / 2—$519,800ask———
    966 Noble Place2 / 2700—
    642 Bellaire Street3 / 2700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Peterborough

    Active listings within ±20% of this asking price.

    • 71 Pine Street
      $499,000
      71 Pine Street
      Detached 3 2
    • 202 Milroy Drive
      $479,900
      202 Milroy Drive
      Detached 2 2
    • 714 Chamberlain Street
      $499,888
      714 Chamberlain Street
      Detached 3 2
    • 900 Stewart Drive
      $584,900
      900 Stewart Drive
      Detached 3 2
    • 781 Water Street
      $549,000
      781 Water Street
      Detached 3 2
    • 280 Noftall Gardens
      $599,900
      280 Noftall Gardens
      Detached 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  15. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  16. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  17. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  18. Public listing courtesy of RE/MAX PREMIER THE OP TEAM · displayed on Summitly per MLS® data-share rules

    228 Towerhill Road is a 2-bedroom, 2-bath. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 228 Towerhill Road built?

    The year built for 228 Towerhill Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  20. What is the property tax for 228 Towerhill Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 228 Towerhill Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 228 Towerhill Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $519,800 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 228 Towerhill Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 228 Towerhill Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 228 Towerhill Road in?

    228 Towerhill Road is in Northcrest Ward 5, Peterborough. The 'Neighbourhood' section below links to the live Peterborough real estate hub with average sold price, days on market, and current inventory.

  24. Is Peterborough a good place to live?

    Peterborough is one of ON's actively-tracked Summitly markets. The full Peterborough real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  25. 1814 Stratton Avenue
    3 / 4
    2,000
    —
    33 Oakwood Crescent3 / 22,000—
    636 Romaine Street3 / 21,100—
    682 Victory Crescent2 / 21,100—