Homula Realty Brokerage
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1134 River Road, Asphodel-Norwood, ON K0L 1Y0

3 beds · 2 baths · 1 kitchen · 14 rooms · 8 parking spaces · 2000-2500 sq ft · Detached
$875,000
Property tax
$440 / year

Welcome to this stunning newly completed (2026) custom-built home, where thoughtful design, quality craftsmanship, and modern comfort blend together to become your ideal home. Offering deeded water access, this bright and spacious home is completely move-in ready and perfect for year-round living or as a luxurious cottage-country retreat.The heart of the home is the beautifully designed kitchen, featuring abundant cabinetry, generous workspace, and a large walk-in pantry to keep everything organized. The open-concept living room is ideal for entertaining or relaxing, complete with a massive flat-screen TV, sound bar, and electric fireplace, all included with the home.Designed for convenient one-level living, the main floor offers three generously sized bedrooms, two full bathrooms, and main floor laundry. The spacious primary suite provides a peaceful retreat with its own private ensuite bathroom, creating the perfect place to unwind at the end of the day.The garage features a high amperage outlet and the floor has been poured to support a hoist.The unfinished basement features 9' ceilings, and endless possibilities. Whether you're looking for a full-time residence or a waterfront lifestyle with the convenience of deeded water access, this exceptional home offers the perfect blend of luxury, comfort, and functionality.

MLS number
X13580282
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
K0L 1Y0
Photos
30
Laundry
Not in the unit
57days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Hastings Public School
Kawartha Pine Ridge DSB
Elementary1.5 km7.0 / 10
70% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 809 people.

$78,000Median household income
89.9%Own their home
95.6%Detached houses
52.8Median age
8.4%Born outside Canada
13.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150290 — the few blocks around this address, home to 809 people. It describes the area, not this property.

809Population
47Average age
2.4Household size
$88,400Average household income
$78,000Median household income
90%Own their home
10%Rent
0%Condominiums
8%Born outside Canada
13%University degree
$548,000Average home value
10%Low income
92%Not in the labour force
19%Never married
Under $5,0002%
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9995%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9999%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over27%
$100,000 to $124,99911%
$125,000 to $149,9998%
$150,000 to $199,9995%
$200,000 and over3%

Percentages are of the 455 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$175,000 · minimum here is $62,500
$3,874.31per month
Borrowed before insurance$700,000
Total borrowed$700,000
Interest over 25 years at 4.5%$462,293

If you rented it out

-$3,910.98per month out of pocket
Rent$0.00
Everything it costs to hold$3,910.98
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Coldwell Banker Electric Realty. Listing data provided by the Toronto Regional Real Estate Board.