Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $585,000 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.
294 South Dr., Simcoe is a beautifully updated, raised bungalow, located in the west end of Simcoe not far from Norfolk General Hospital. The wonderful thing about an elevated home is the large windows on the lower level which keeps it from feeling "basement-y". As you step inside you'll notice how well kept and updated this property is, beginning with the modern railing, replacement windows, newer light fixtures, and opened area between the Living Room and Eat-In Kitchen. There are three Bedrooms including a very spacious Primary Bedroom, a full 4 Pc Bathroom, and through the dining area is a sliding patio door leading out to the many square feet of deck, extending your living space. The oversized in-town backyard has a very private feel, not only because of the deep lot (185'), but also because of the ravine that lies between you and the closest rear neighbour. On the lower level is a large, bright Rec Room with a fun wet Bar area, perfect for gathering with friends and family. There is also a 3 Pc Bathroom, Laundry, the Utility Room, and Storage - because if we're being honest, we all have "stuff". Some updates that are important to mention are: the Kitchen (including cabinets, quartz countertops and vinyl tile floors in '25), all vinyl windows, shingles ('18), a durable metal 10' x 12' Gazebo ('24), and a very sturdy concrete retaining wall ('24). Not far from the Fairgrounds, you (and your parking spots) will be the envy of all your friends this October. If you're looking for a place to enjoy that's much more than move-in ready, come see for yourself why 294 South Dr., Simcoe, should be your next move!
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Data-driven valuation for 294 South Drive S, Norfolk, ON N3Y 1H2
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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 $585,000 in Norfolk, the legal minimum down payment is $33,500 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 $8,175 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 $8,175.
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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.