103 Schooner Drive, Unit 48, Norfolk, ON

$729,000
MLS#:X12485215
2 beds
3 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Bungalow vacant land condo located in the coveted neighborhood of Port Dover. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $729,000 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Bar Fridge, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This maintenance-free bungalow, located in Phase Two is only six years old, and is part of Dover Coast 50+ Adult Lifestyle Living on the shores of Lake Erie. With a brick and stone exterior, Hardie board accents, and a concrete driveway and walkway, this home offers curb appeal without the upkeep. Low monthly fees cover grass cutting, irrigation, and snow removal, giving you more time to enjoy hobbies and travel worry free. This well thought out 2322 sq. ft 1+1-bedroom 2+1 bathroom open-concept layout includes a den that can be easily converted to a third bedroom. The great room/dining room are complimented by a soaring cathedral ceiling and gas fireplace. Engineered hardwood flooring, a powder room and laundry room round out this floor. The east west exposure floods the home with natural light. Garden doors lead to a composite deck with plexiglass panels, concrete patio and gazebo with screening surrounded by perineal gardens and a mature tree that offers shade and privacy. The oversized white kitchen boasts, stunning granite, full-height cabinets with crown molding, under-cabinet lighting, stainless steel appliances and a huge island that seats four. A large pantry with pull-outs and a microwave built into the island complete this stylish, functional space. The spacious builder finished basement with deep egress windows includes a large family room with gas fireplace plus a games area, a built-in wet bar, a large bedroom, a three-piece ensuite with glass shower, and a pocket door to a large off-seasons closet. Residents enjoy a communal garden, private leash-free dog park, pickleball courts, and preferred use of the infinity deck and swim dock behind David's Restaurant. Boating and sailing on the lake, kayaking and paddleboarding on the river, restaurants, theatre, and a hospital just 15 minutes away in Simcoe. All the amenities of the city without the hectic pace. This is truly "the one" you have been waiting for.

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Property Summary

This condo apartment located at 103 Schooner Drive, Norfolk is currently for sale and has been available on SousaSells for 268 days. This property is listed at $729,000 with an estimated mortgage of $2,427* per month. It has 2 beds, 3 bathrooms, and is 1200-1399 square feet. 103 Schooner Drive, Norfolk is in the Port Dover neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusTerminated
Listed Date10/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land Condo
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished
CountyNorfolk
Annual Tax$4,800

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Hospital, Lake Access, Lake/Pond, Marina

Interior Features

Auto Garage Door Remote, Bar Fridge, Built-In Oven, Primary Bedroom - Main Floor, Sewage Pump, Storage, Sump Pump, Water Heater

Security Features

Community Features

Virtual Tours

Location

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103 Schooner Drive, Unit 48, Norfolk, ON
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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 103 Schooner Drive 48, Norfolk, ON N0A 1N3

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 Norfolk.

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Interest Rate4.00%
Down Payment$218,700 (30.0%)
* Minimum Canadian down payment required for this price is $47,900.
Amortization Period30 Years
Estimated Monthly Payment$2,427Based on a loan of $510,300 over 30 years.
Purchase Price$729,000
Loan Amount$510,300
Provincial Land Transfer Tax:$11,055
Total Estimated Closing Taxes:$11,055

About Purchasing a Home in Norfolk, ON

For a property listed at $729,000 in Norfolk, the legal minimum down payment is $47,900 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 $11,055 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,055.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Port Dover, Norfolk.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$890,954

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.