491 Towerhill Road, Peterborough, ON

$350,000
MLS#:X13487786
0 beds
3 baths
Commercial
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Added:Jun 24, 2026(70 days ago)
Updated:Jul 31, 2026(33 days ago)
Last Checked:3 minutes ago

Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Northcrest. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 3 Bathrooms
  • Spacious lot size measured in Feet
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Established ICONIC Burger Shop. Adward winning 15 years in a row Popular Burger Shop(s) / Diner(s) in Peterborough. Both AA+ Peterborough locations are for sale together, proudly providing delicious in-house ground steak burgers and more with a warm, welcoming ambiance that will take you back in time to the 40 and 50"s. The space is air-conditioned and designed for comfort, efficiency and high-volume service. Commercial kitchens support dine-in, and take-out. Retro chattels and fixtures, furnishings, dishes, pots, pans, and recipes ensuring a seamless transition for the next operator. Low fixed operating costs make this an excellent opportunity for an owner-operator or entrepreneur looking to step into an established business with strong brand recognition and repeat clientele. Lots of customer parking available. The location offers immediate revenue potential and is priced to sell. Full support and training available through the seller. Set up on major delivery platforms. Note: this is a Business Asset Sale and Buyer will assume the existing lease. Do not go direct do not speak to the staff. Showings are from 8am- 11am Monday to Friday only. BEING SOLD WITH X13487814.

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Property Summary

This sale of business located at 491 Towerhill Road, Peterborough is currently for sale and has been available on zoozaa for 70 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 491 Towerhill Road, Peterborough is in the Northcrest neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Northcrest, Peterborough.

Great for Small Household / Couples
What We Love About This Home
  • •3 well-appointed bathrooms
  • •Desirable Sale Of Business architecture in Northcrest, Peterborough
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bathrooms
3
Property Type
Commercial

Additional Details

StatusActive
AddedJun 24, 2026 (70 days ago)
UpdatedJul 31, 2026 (33 days ago)
Last Checked3 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyPeterborough
Annual Tax$0
Legal DescriptionChemong Park Plaza Location Unit C-01A

Parking & Garage

Parking Space20
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 491 Towerhill Road, Peterborough, ON

Q.What is the asking price for 491 Towerhill Road, Peterborough, ON ?

The current listing price for 491 Towerhill Road, Peterborough, ON in Northcrest, Peterborough is $350,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 3 bathrooms.

Q.What property type and architectural style is 491 Towerhill Road, Peterborough, ON ?

491 Towerhill Road, Peterborough, ON is a Sale Of Business () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

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Location

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491 Towerhill Road, Peterborough, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Northcrest, Peterborough

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 491 Towerhill Road, Peterborough, ON K9H 7S3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

Configure Loan Settings

Interest Rate4.00%
Down Payment$105,000 (30.0%)
* Minimum Canadian down payment required for this price is $17,500.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $245,000 over 30 years.
Purchase Price$350,000
Loan Amount$245,000
Provincial Land Transfer Tax:$3,725
Total Estimated Closing Taxes:$3,725

About Purchasing a Home in Peterborough, ON

For a property listed at $350,000 in Peterborough, the legal minimum down payment is $17,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,725 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,725.

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Northcrest, Peterborough Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Northcrest, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$822,165

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Best Schools in Northcrest, Peterborough

Elementary Schools

Edmison Heights
Public1111 Royal Drive, Peterborough, Ontario, K9H 3P8
6.5
R F Downey
Public1221 Neptune Street, Peterborough, Ontario, K9H 7L9
5.5
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
5.9
St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6

Secondary Schools

Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3
Thomas A Stewart
Public1009 Armour Road, Peterborough, Ontario, K9H 7H2
4.5

Northcrest, Peterborough Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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