245 St James Street, Norfolk, ON

$579,900
MLS#:W8436226
3 beds
2 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 24, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waterford. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $579,900 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 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home to 245 St. James St. S, Waterford. This beautifully updated brick bungalow offers 3 beds, and 2 baths and is nestled in a friendly neighbourhood. Its close to great schools, shopping, parks, and vibrant community events. The first thing you will notice is how beautiful the curb appeal is. Complete with a low maintenance front garden, with lots of perennial plants and a large front porch the perfect place for your morning coffee. Inside, you'll find the living room, with its large front window, which not only offers beautiful views of the surrounding neighbourhood but also invites abundant natural light into the home. Steps away is the heart of the home the kitchen. It shines with freshly painted cabinets, ceramic countertops, and a new stove with a gas hookup. The convenience of this floor plan is highlighted by the three bedrooms and the main floor bathroom, which are all situated on the same level. Each bedroom features new windows and new high-quality carpets. Step outside to discover the expansive backyard, where newly laid patio stones and a natural gas BBQ hookup create the perfect setting for summer barbecues. This large, tree-lined yard offers ample space and a welcoming atmosphere, making it ideal for hosting memorable events with family and friends. Whether you're celebrating special occasions or simply enjoying quality time together, this beautiful outdoor area provides the perfect backdrop. If more space is what you need, head downstairs to find a fully finished rec room, a second bathroom and an abundant amount of storage space. The walk-out basement also provides the potential for an in-law suite. Last but not least we cant forget about the six-car double-wide driveway and 1.5-car attached garage, which includes a generous 620 sqft workspace with a workbench and extra storage. Make sure to check out the feature sheet for a comprehensive list of upgrades that make this home truly extraordinary.

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Property Summary

This detached home located at 245 St James Street, Norfolk is currently for sale and has been available on SousaSells for 765 days. This property is listed at $579,900 with an estimated mortgage of $1,930* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 245 St James Street, Norfolk is in the Waterford neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 24, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished
CountyNorfolk
Annual Tax$3,304.33
Legal DescriptionPT LT 18 PL 268 AS IN NR603256; NORFOLK COUNTY

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake/Pond, Park, Place Of Worship, Rec./Commun.Centre, School, Other

Interior Features

In-Law Capability, Water Heater Owned

Security Features

Community Features

Location

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245 St James Street, 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 245 St James Street S, Norfolk, ON N0E 1Y0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$173,970 (30.0%)
* Minimum Canadian down payment required for this price is $32,990.
Amortization Period30 Years
Estimated Monthly Payment$1,930Based on a loan of $405,930 over 30 years.
Purchase Price$579,900
Loan Amount$405,930
Provincial Land Transfer Tax:$8,073
Total Estimated Closing Taxes:$8,073

About Purchasing a Home in Norfolk, ON

For a property listed at $579,900 in Norfolk, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$834,259

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.