50 Ridge Street, Asphodel-Norwood, ON
Property no longer active
This property was sold on March 27, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Norwood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 63 x 223 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Propane Tank
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Welcome to 50 Ridge St. located in the quaint town of Norwood. This charming and inviting raised bungalow is located within walking distance to all necessities. Home features 3 bedrooms and a 4pc bath on the main level. Open concept K/DR/LR with stainless steel appliances. Deck located of the dining room is perfect for enjoying early morning coffee or an evening sunset. Good size family room in the basement is ideal for entertaining and there is plenty of space for storage. Home has been updated throughout including windows, doors, pot lights and flooring. Other updates include vinyl siding, fascia, soffit and steel roof (2019). Furnace and A/C (2018). On town water and municipal sewer. Deep backyard provides lots of space for outdoor activities. Conveniently located less than 1.5hrs from the GTA. Don't miss out on this Gem today!!
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Property Summary
This detached home located at 50 Ridge Street, Asphodel-Norwood is currently for sale and has been available on SousaSells for 500 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 50 Ridge Street, Asphodel-Norwood is in the Norwood neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 50 Ridge Street, Asphodel-Norwood, ON K0L 2V0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Asphodel-Norwood, ON
For a property listed at $549,900 in Asphodel-Norwood, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
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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.