37 Maryann Lane
Rural Asphodel-Norwood, Asphodel-Norwood, K0L 2V0
FOR SALE
$729,000

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4 + 1
BEDROOMS5
BATHROOMS1
KITCHENS10 + 1
ROOMSX12687116
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Property Description
Discover this stunning new-build detached home at 37 Maryann Lane in Asphodel-Norwood, offering over 2,700 sq ft of luxurious living space above grade, plus a fully finished 1,200+ sq ft basement for a total of more than 4,000 sq ft. This 2-storey gem boasts high-quality finishes throughout, including hardwood floors on the main level and carpeted bedrooms upstairs.The open-concept main floor features a spacious kitchen with stainless steel appliances, a bright breakfast area, formal dining room, den, and a great room with a cozy fireplace-perfect for family gatherings. Upstairs, find four generous bedrooms, including a luxurious primary suite with a 5-piece ensuite, and two bedrooms sharing a Jack-and-Jill bathroom, plus another full bath. The finished basement adds versatility with a fifth bedroom, living area, and a 3-piece ensuite, ideal for guests or an in-law suite.Outside, enjoy a large private deck in the backyard for entertaining, backed by a spacious double-car attached garage and ample parking.Nestled in the charming community of Norwood, part of Asphodel-Norwood township near Peterborough, this location offers a peaceful rural lifestyle with breathtaking natural beauty, well-groomed walking trails, and beautiful parks. According to local insights, families are flocking here for its welcoming spirit, exceptional schools, vibrant economy, and proximity tourban amenities - just 20 minutes from Peterborough. With explosive growth in housing and business, Norwood is booming as an affordable, serene escape from city life, making it an ideal place to call home. Priced at $729,000-don't miss this opportunity!
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Property Features
None, Available, Private
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Property Details
Address
37 Maryann Lane
Community
City
Postal Code
K0L 2V0
Property Type
Detached, Detached
Lot Size
50' x 106'
Taxes
$5,859 (2025
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Attached
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Listing contracted with Royal Lepage Signature Realty
Ideally situated on Highway 7, this well-maintained multi-use building offers exceptional investment potential with a blend of commercial and residential income streams. The property features two commercial units and three residential apartments, with flexible configurations to maximize returns. Commercial Unit Main Floor: Street-facing unit, previously a barber shop - perfect for retail or service use. Lower Level: Former hair salon, adaptable for a range of commercial purposes. (Both commercial units are currently vacant, offering immediate opportunities for new tenants or owner operation.) Residential Units: Main Level Apartment (3 Bedrooms): Originally two separate units (a 1-bedroom and a 2-bedroom), this large apartment features an eat-in kitchen, family room, living room, three bedrooms, two 4-piece baths. It can easily be converted back into two self-contained apartments for increased rental income. Lower-Level Apartment (1 Bedroom): Comfortable unit with den, living room, and full kitchen. Third-Floor Apartment (2 Bedrooms): Bright and spacious, offering two bedrooms and a 4-piece bathroom. Additional Features: Tenancy: One unit is owner-occupied; two are rented to long-term, reliable tenants. Heating: Efficient natural gas furnace (replaced in 2013). Exterior: Metal roof and vinyl/aluminum siding for low-maintenance durability. Basement: Clean, dry space for storage or utilities. Investment Opportunity: This is a rare chance to acquire a solid, income-generating property with room for customization. Ideal for investors or owner-occupiers seeking additional revenue in a high-visibility location on Highway 7 in Norwood.
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