345 College Avenue, Norfolk, ON

$560,000
MLS#:X11887744
4 beds
2 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium aluminum siding and metal/steel siding construction, this residence presents an exceptional opportunity offered at $560,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 40 x 115 ft lot size
  • Features a partial basement, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Central Vacuum, Sump Pump, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this enchanting century home on College Ave in Simcoe, Ontario, where historic elegance meets modern living. This unique 2.5 story residence features 3 comfortable bedrooms on the second floor, a well-appointed master suite in the loft, offering a serene retreat complete with a skylight that bathes the space in natural light. As you enter, you'll be greeted by a bright, cozy family room with a natural wood fireplace and a striking interior brick wall, adding a distinctive touch to the space. The open concept floor plan flows into a spacious dining room, perfect for gatherings, and a well-appointed kitchen featuring stainless steel appliances, modern oak cabinetry, and sleek stone countertops. The wide plant oak flooring adds warmth and character throughout. The basement provides ample storage and a large rec room, ideal for a growing family. Outside, the front yard blooms with vibrant perennials, anchored by a stunning Flowering Redbud Tree. The spacious backyard invites you to relax on the updated deck, perfect for lounging or entertaining. Situated just steps away from the tranquil Dingle Creek and scenic Crystal Lake, this home allows you to enjoy nature at your doorstep. Located in the heart of Simcoe, a town known for its rich history, friendly atmosphere, and beautiful parks, this home places you within walking distance of local shops, restaurants, and schools. Experience the perfect blend of historic charm, modern convenience, and natural beauty in this character home.

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Property Summary

This detached home located at 345 College Avenue, Norfolk is currently for sale and has been available on SousaSells for 617 days. This property is listed at $560,000 with an estimated mortgage of $1,864* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 345 College Avenue, Norfolk is in the Simcoe neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 28, 2025
Sold price information is available to members only
Listed Date11/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionAluminum Siding, Metal/Steel Siding
BasementPartial Basement, Partially Finished
Lot Size40 × 115 Feet
CountyNorfolk
Annual Tax$2,824.49
Legal DescriptionLT 70 BLK 76D PL 182; NORFOLK COUNTY

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Sump Pump, Water Heater

Security Features

Community Features

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Location

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345 College Avenue, 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 345 College Avenue, Norfolk, ON N3Y 4G7

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$168,000 (30.0%)
* Minimum Canadian down payment required for this price is $31,000.
Amortization Period30 Years
Estimated Monthly Payment$1,864Based on a loan of $392,000 over 30 years.
Purchase Price$560,000
Loan Amount$392,000
Provincial Land Transfer Tax:$7,675
Total Estimated Closing Taxes:$7,675

About Purchasing a Home in Norfolk, ON

For a property listed at $560,000 in Norfolk, the legal minimum down payment is $31,000 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 $7,675 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 $7,675.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$642,240

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.