307 Grace Street, Norfolk, ON
Property no longer active
This property was sold on August 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Port Dover. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,495,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Guest Accommodations, In-Law Capability, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
If there is anything better than a beachy lakeside property in Port Dover, it's this one with a second 2 Bedroom home and a 1 bedroom cottage - all on the same lot! Whether you are looking for a family compound or an investment opportunity, 305-307 Grace St. is the place to be this summer. The 2 storey "main" house has gorgeous lake views from almost every window, with an especially perfect view of the lighthouse from the updated Kitchen, Dining Room, and year-round Sunroom. Laundry is conveniently located just off the Kitchen along with a 2 Pc Washroom, an Office area with extra storage, and an open concept Living Room. Upstairs are the 3 Bedrooms, all overlooking the lake, and a gorgeous 4 Pc Bathroom renovated just this year. In the basement you'll find a great space for a gym or craft area, possible 4th Bedroom, a Rec Room, and a utility/storage room. 307 Grace, the "front" house, has a Sitting Room, Living Room, Kitchen with Dining area, and 2 Pc Washroom on the main floor. Upstairs are 2 Bedrooms, Laundry, and a 4 Pc Bathroom. The winterized 1 Bedroom Cottage is cute as a button (and rented all year!) featuring its own private deck area, an open concept Living/Dining Room, Kitchen and 3 Pc Bath. What makes this unique property even more special is the private staircase to the beach with a grassy spot that's perfect for lazy afternoons. Offering an easy drive to Norfolk County wineries, breweries, concert venues and attractions, or for walkers, a few blocks to boutique shopping, restaurants and the Lighthouse Theatre, this an ideal rental opportunity. Be sure to check out the video and virtual tours and then come see for yourself!
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Property Summary
This detached home located at 307 Grace Street, Norfolk is currently for sale and has been available on SousaSells for 361 days. This property is listed at $1,495,000 with an estimated mortgage of $4,976* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 307 Grace Street, Norfolk is in the Port Dover neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Lake/Pond, Waterfront, Lake Access
Interior Features
Guest Accommodations, In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter, Sump Pump
Security Features
Community Features
Virtual Tours
Location
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 307 Grace Street, Norfolk, ON N0A 1N0
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 Norfolk, ON
For a property listed at $1,495,000 in Norfolk, the legal minimum down payment is $299,000 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 $26,375 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 $26,375.
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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.