41 Prospect Street, Norfolk, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Port Dover. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 100 x 235 ft lot size
Description
Waterfront building lot in Port Dover! Build your dream home on the Lynn River with views of Silver Lake. Services at lot line. Renderings pictured - plans negotiable with sale. Property has a large building envelope. Previously had LPRCA approval. Local amenities included beach, schools, golf courses, trails, theatre, marinas, and cycling. Welcome home!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 41 Prospect Street, Norfolk, ON N0A 1N6
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 $799,000 in Norfolk, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.