50 Millpond Lane, Asphodel-Norwood, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Norwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $600,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 58.37 x 106.04 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully maintained bungalow in the heart of Norwood, where modern comfort meets the ease of small-town living. Whether you're starting a family, downsizing, or looking for your first home, this property offers the lifestyle you've been waiting for. From the moment you walk in, you'll be greeted by a bright, open-concept design that makes everyday living and entertaining effortless. Natural light fills the living and dining spaces, while updated finishes throughout add a touch of style and warmth. With three main-floor bedrooms and two full bathrooms, there's plenty of room for everyone to feel at home.The fully finished basement extends your living space with a spacious rec room perfect for family movie nights, a games area, or a home gym, plus an additional bedroom that's ideal for guests, older kids, or a quiet home office. Step outside and enjoy your corner lot, offering extra yard space for gardens, play, or simply soaking up the peaceful surroundings. The 1.5-car garage provides convenience and storage, keeping life organized and clutter-free. Here, community and convenience come together. Just minutes from shops, schools, and the community centre, everything you need is within reach, yet you still get the charm and quiet of a family-friendly neighbourhood. Lovingly maintained and move-in ready, this home is more than just a place to live, it's a place to thrive. Come see how your life could unfold here in Norwood.
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Pricing & Value Insights
Data-driven valuation for 50 Millpond Lane, Asphodel-Norwood, ON K0L 2V0
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About Purchasing a Home in Asphodel-Norwood, ON
For a property listed at $600,000 in Asphodel-Norwood, the legal minimum down payment is $35,000 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 $8,475 for this transaction. As this listing is in Asphodel-Norwood (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,475.
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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.