105 County Rd 40 Road
Asphodel-Norwood, ON
11 bed • 7 bath • approx. 2500-3000 sqft • Detached • 71 days on market
Welcome to a rare 9.57-acre waterfront estate in the heart of Asphodel-Norwood, where natural beauty, privacy, and exceptional opportunity come together. Set along the scenic Norwood Mill Pond and enhanced by the tranquil flow of the Ouse River through the property, this picturesque retreat features a beautiful pond, mature landscaping, open green spaces, and breathtaking views in every direction. The property offers a diverse collection of living spaces, including a three-bedroom main residence with a bachelor walkout apartment, three self-contained one-bedroom hotel-style suites, a detached three-car garage with a two-bedroom loft apartment above, and a one-bedroom container home. Together, these accommodations create outstanding income potential while offering flexibility for multi-generational living, guest accommodations, or a future family compound. Adding to the property's appeal, the owner has already severed two parcels of higher-density residential land, approximately 0.63 acres and 0.666 acres, with building permits in place, creating exciting possibilities for future development. Thoughtfully renovated and well maintained, this unique estate is quietly tucked away in a stunning natural setting, yet remains conveniently located near local amenities. Whether you're an investor, entrepreneur, retreat operator, or a family looking to create a lasting legacy property, this is a truly exceptional opportunity to own one of the area's most versatile and picturesque waterfront holdings.
Listing Details
- Taxes (2026)
- $7,437
- Listed
- June 17, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Board & Batten, Stone
- Roof
- Metal
- Foundation
- Concrete
- Interior
- Accessory Apartment
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- County Rd & Wellington St
- Parcel Number
- 282200305
- Possession
- 60-89 days
Commercial
- Occupancy
- Owner+Tenant
Included
- Inclusions
- 3 bed house -$1600/month (tenant responsible for lawncare/maintenance), Lower level unit-$1650/month ( tenant does ground keeping), loft - $2000/month, Container home -$1850/month, 1 bed & 1 bath units ( $1250/ month (x3)), 3 hwt (owned), gas furnace x6 (owned)
- Exclusions
- Tenant belongings
Schools
Secondary
- Norwood District High School1.2 km
Public · Kawartha Pine Ridge DSB · 290 students
Grade 10 literacy: 62% met the provincial standard
Elementary
- St. Paul Catholic Elementary School1.3 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 325 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 24% met the provincial standard
- Norwood District Public School1.4 km
Public · Kawartha Pine Ridge DSB · 335 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 47% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Asphodel-Norwood · last 12 months
- Median sold price
- $552,500
- Homes sold
- 54
- Median days on market
- 46
- Sale-to-list price
- 96.8%
Based on 54 recorded sales of residential freehold properties in Asphodel-Norwood over the last 12 months.
Listed by
RE/MAX HALLMARK REALTY LTD.
Location
Mortgage Calculator
$339,800
Estimated Monthly Payment
$8,347
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,347/mo (20% down, 5.5%)
Taxes: $620/mo · Insurance: $425/mo
Estimates only. Consult a financial advisor.
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