Welcome to this remarkable Sidesplit 3 detached located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $879,999 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.
Nestled on over 1.6 private acres, this spacious 3+1 bed, 2.5 bath home offers privacy, convenience, and potential, set back from the road with wooded ravine views. With 3000+ sqft of finished space, this home is ready for your vision! Large windows fill the home with natural light, while the kitchen awaits your personal touch. The dining room flows into a sunken living room, perfect for gatherings. Enjoy the view with your morning coffee in the enclosed porch. Three renovated bedrooms and a 4th ideal for a gym or office. The primary features an ensuite, double closets, and updated flooring. A walkout basement with a private entrance offers teen retreat or in-law suite potential. The double garage with inside entry provides ample storage. Minutes from amenities, dining, and shopping this is a unique opportunity to create your dream home!
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This detached home located at 55 Gibson Drive, Norfolk is currently for sale and has been available on SousaSells for 508 days. This property is listed at $879,999 with an estimated mortgage of $2,929* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 55 Gibson Drive, Norfolk is in the Simcoe neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Golf, Greenbelt/Conservation, Place Of Worship, Ravine, School, Wooded/Treed
Auto Garage Door Remote, Water Heater, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 Gibson Drive, Norfolk, ON N3Y 3Y1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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 $879,999 in Norfolk, the legal minimum down payment is $63,000 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 $14,075 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 $14,075.
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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.