0 Asphodel 12th Line, Asphodel-Norwood, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Asphodel-Norwood. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $198,000 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 0 Bathrooms
- Premium 150 x 200 ft lot size
- Notable attributes: None
Description
This country building lot located between #2519 and # 2507 backs onto farmland and is nestled just 5 km east of Norwood and a mere half kilometer south of Hwy 7. This remarkable property offers an excellent opportunity to create your dream home with dimensions measuring 150' x 200'. Imagine the possibilities as you design your new home in this idyllic setting.
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Property Summary
This vacant land located at 0 Asphodel 12th Line, Asphodel-Norwood is currently for sale and has been available on SousaSells for 561 days. This property is listed at $198,000 with an estimated mortgage of $659* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 Asphodel 12th Line, Asphodel-Norwood is in the Rural Asphodel-Norwood neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 0 Asphodel 12th Line, 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 $198,000 in Asphodel-Norwood, the legal minimum down payment is $9,900 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 $1,705 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 $1,705.
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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.