5-Bed Raised Bungalow with Finished Basement in Norwood

Property details for 3 Maple Avenue, Asphodel Norwood

Type: Residential
Style: Raised bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 55 x 110 FT
Stories: 1
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $2,761

Just a short walk from Norwood's schools and curling club, this raised bungalow on Maple Avenue gives you 5 bedrooms and 2 full baths across two finished levels. The main floor has an open-concept living and dining area that flows into the kitchen, plus two bedrooms and a bathroom. Walk out from the dining area onto the deck that overlooks a fully fenced backyard with a couple of gazebos for shade. Downstairs, you'll find three more bedrooms and another bathroom, along with a flexible recreation room that could easily be a home office or teenage hangout. The house sits on a 55 x 110 foot lot with a sloping grade, and the exterior mixes brick and vinyl siding. Updates have been made over the years, and the interior is carpet-free, which is a plus for allergy sufferers. Parking is sorted with an attached 1.5-car garage and additional driveway space for up to 5 vehicles. You're just 20 minutes to Peterborough and a quick hop onto Highway 7 for commuting. Local amenities like Foodland, Tim Hortons, and a butcher shop are all within a 10-minute drive. Taxes run about $2,761 annually. Priced at $569,900, this is one of the only homes currently listed in the area, so it's a solid option if you need room to spread out without leaving town.

About 3 Maple Avenue, Asphodel Norwood — Property Score

Feature Rich Well Priced

Score: 65/100

Value

Priced 21.3% below area median of $723,950 based on 8 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

2 bathrooms - typical for similarly priced properties 60

6,050 sqft lot - a generous lot for the area 78

Location

$58K median household income - below the Canadian average of $70K 59

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

86% homeownership rate - indicating a stable, owner-occupied community 90

56% of residents commute under 30 minutes - good commuting convenience 74

318/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 113 days on market 100

-12.4% median price change over 1 month - declining prices in the area 1

32 months of housing supply - 32 active listings with 1 sold last month (buyer's market) 40

Features

5-car garage - area average is 7.1 spots 95

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.48% effective tax rate ($2,760/yr) - very low tax burden 86

-23.4% area price change year-over-year - significant price correction in Asphodel Norwood 1

14% renter population - primarily owner-occupied area 47

Quality

Condition

Listing

33 photos provided - below the area average of 40 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.