97 Colborne Street, Norfolk, ON
Property no longer active
This property was sold on April 8, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $439,900 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.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 36.29 x 121.73 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater, Water Purifier
- Efficient forced air heating via gas
Description
Welcome to 97 Colborne Street South, a well-maintained legal duplex located in the heart of Simcoe, Ontario. This attractive property features two separate living units, each thoughtfully equipped with its own furnace, water tank, and water filtration system, ensuring efficient and independent utility management for both sides. Currently tenanted, the units offer a steady income stream with tenants scheduled to vacate on May 1st, presenting an excellent opportunity for a seamless transition for owner-occupiers or investors alike. Set in a vibrant and welcoming neighbourhood, this property is perfectly positioned to take advantage of all that Simcoe has to offer. The community boasts a blend of small-town charm and modern amenities, with convenient access to local shops, eateries, parks, and recreational facilities. Whether you're looking for a quiet, family-friendly environment or a strategic location near essential services, 97 Colborne Street South stands as an ideal choice. Whether you envision a future as an investor or as a homeowner ready to enjoy the benefits of this thriving community, this property offers exceptional potential and a promising future.
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Property Summary
This detached home located at 97 Colborne Street, Norfolk is currently for sale and has been available on SousaSells for 491 days. This property is listed at $439,900 with an estimated mortgage of $1,464* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 97 Colborne Street, Norfolk is in the Simcoe neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 97 Colborne Street S, Norfolk, ON N3Y 4H4
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 $439,900 in Norfolk, the legal minimum down payment is $21,995 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 $5,273 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 $5,273.
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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.