Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waterford. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $749,999 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.
Welcome to 11 Cottonwood Street in the charming town of Waterford. This move-in ready bungalow offers the perfect blend of comfort, style, and small-town living, featuring a double-car garage, 3+2 bedrooms, 3 bathrooms, and a thoughtfully designed open-concept layout. From the moment you arrive, you'll appreciate the home's attractive stone and brick façade and inviting curb appeal. Inside, a spacious tiled foyer leads to a versatile front bedroom that would make an ideal home office, guest room, or den. The heart of the home is the bright open-concept living area, combining the living room, dining space, and kitchen. The kitchen features cream cabinetry, stone countertops, under-cabinet lighting, stainless steel appliances including a gas range, and a large centre island with sink-perfect for entertaining and everyday living. Sliding doors off the dining area lead to a covered patio overlooking the private backyard. The primary suite offers a walk-in closet and private ensuite, while convenient main-floor laundry adds to the home's functionality. The fully finished lower level provides additional living space with a spacious recreation room featuring a stone hearth, gas fireplace, and pot lighting. Two additional bedrooms and a 3-piece bathroom complete the lower level. With 9-foot ceilings throughout, this home feels bright and spacious. Outside, enjoy a fully fenced backyard backing onto green space, offering mature trees, privacy, a covered patio, and an in-ground sprinkler system servicing the entire property. Offering exceptional space, comfort, and location, 11 Cottonwood Street is ready to welcome you home.
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Data-driven valuation for 11 Cottonwood Street, Norfolk, ON N0E 1Y0
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Norfolk.
About Purchasing a Home in Norfolk, ON
For a property listed at $749,999 in Norfolk, the legal minimum down payment is $50,000 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 $11,475 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 $11,475.
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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.