58 Cottonwood Street, Norfolk, ON

$929,900
MLS#:X12327871
5 beds
3 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 25, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waterford. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $929,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 51.16 x 173.43 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this quality-built, custom bungalow located in the picturesque and peaceful town of Waterford. Offering over 3,100 sq. ft. of beautifully finished living space, this home combines timeless elegance with thoughtful functionality, ideal for families, retirees, or multi-generational living. The bright and spacious open-concept main floor features a large white kitchen with granite counters, SS appliances and ample space for a dining table. Enjoy a spacious living room with a cozy double sided fireplace with doors to a gorgeous sunroom, perfect for enjoying your morning coffee or relaxing while overlooking the fully fenced backyard. Enjoy 3 bedrooms, a den or formal dining room, and 3 full bathrooms. The primary suite is a serene retreat with a luxurious 5-piece ensuite and ample closet space. Step outside to a professionally landscaped yard complete with a patio, large shed, and cozy firepit area ideal for entertaining or quiet evenings under the stars. The professionally finished basement offers excellent in-law potential with 2 additional bedrooms, a 4-piece bathroom, and abundant space ready for a future kitchen setup. Additional features include: stunning hardwood floors, 9 ft. ceilings, main floor laundry with garage access, covered front porch, double garage & 4-car driveway parking. Located on a quiet street in a family-friendly neighbourhood. This home is a rare gem with room for everyone and every lifestyle. Book your private showing today and experience the best of Waterford living.

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Property Summary

This detached home located at 58 Cottonwood Street, Norfolk is currently for sale and has been available on SousaSells for 346 days. This property is listed at $929,900 with an estimated mortgage of $3,095* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 58 Cottonwood Street, Norfolk is in the Waterford neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 25, 2025
Sold price information is available to members only
Listed Date8/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Finished
Lot Size51.16 × 173.43 Feet
CountyNorfolk
Annual Tax$5,145
Legal DescriptionLOT 17, PLAN 37M61 SUBJECT TO AN EASEMENT IN GROSS OVER PT 7 37R10454 AS IN NK54615 NORFOLK COUNTY

Parking & Garage

Parking Total5.0
Parking Space3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Fenced Yard, Level, Library, Place Of Worship, School

Interior Features

Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor, Storage Area Lockers, Water Meter, Water Softener

Security Features

Alarm System, Smoke Detector

Community Features

Location

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58 Cottonwood Street, 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 58 Cottonwood Street, Norfolk, ON N0E 1Y0

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$278,970 (30.0%)
* Minimum Canadian down payment required for this price is $67,990.
Amortization Period30 Years
Estimated Monthly Payment$3,095Based on a loan of $650,930 over 30 years.
Purchase Price$929,900
Loan Amount$650,930
Provincial Land Transfer Tax:$15,073
Total Estimated Closing Taxes:$15,073

About Purchasing a Home in Norfolk, ON

For a property listed at $929,900 in Norfolk, the legal minimum down payment is $67,990 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 $15,073 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 $15,073.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$834,259

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.