Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $274,000 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.
Why rent when you can own? Offered at $274,000, this affordable property is a fantastic opportunity for first-time buyers, downsizers, or investors. The flexible floor plan can easily accommodate one bedroom with additional living space or be adapted to function as a two-bedroom home, allowing you to customize it to suit your lifestyle. Enjoy low-maintenance living with minimal outdoor upkeep, a private patio area, and a convenient storage shed. Affordable, versatile, and full of potential, this is your chance to get into the housing market without breaking the bank.
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Water Heater, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 9 Marshall Lane, Norfolk, ON N3Y 1Z2
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 $274,000 in Norfolk, the legal minimum down payment is $13,700 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 $2,585 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 $2,585.
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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.