18 Albert Street, Norwich, ON
Property no longer active
This property was sold on May 21, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Norwich Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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 with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 100.48 x 100 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned, Separate Hydro Meter, Separate Heating Controls
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 18 Albert St, Norwich, a well-maintained duplex that offers a perfect blend of space, modern updates, and investment potential. Zoned R1, this property provides flexibility for homeowners looking for rental income or multi-generational living.The main floor unit features a spacious layout with three bedrooms and two bathrooms, ideal for families or tenants who value comfort. A large open-concept kitchen and living room create the perfect space for entertaining, while a bonus family room offers additional versatility. The kitchen was tastefully updated in 2023, adding a modern touch to the home. Convenient laundry hookups are available within the unit, and the forced air heating system ensures warmth and efficiency throughout the space.The second-floor unit boasts two spacious bedrooms with high ceilings, giving it an airy and inviting feel. Recently updated with new flooring, fresh paint, and modernized electrical, this unit is move-in ready. In-suite laundry provides added convenience, and tenants can enjoy the charm of a covered balcony, perfect for relaxing outdoors. Heating for this unit is provided by electric baseboard, and tenants also have access to third-floor attic storage, a rare and valuable feature in a rental property.This property has been well-maintained over the years, with 35-year shingles installed in 2009 and a membrane roof on the flat section replaced in 2005. Main Windows 2018. Eavestroughs were updated in 2005, further adding to the home's durability. A key investment advantage is that each unit has separate gas, hydro, and water meters, ensuring independent utility management.Located in a family-friendly neighborhood, close to schools, parks, and local amenities, this duplex presents a fantastic opportunity for homeowners and investors alike. Whether you're looking to generate rental income or provide a comfortable home for multiple generations, 18 Albert St is a property that offers both convenience and value.
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Property Summary
This duplex located at 18 Albert Street, Norwich is currently for sale and has been available on SousaSells for 488 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 5 beds, 3 bathrooms, and is 3000-3500 square feet. 18 Albert Street, Norwich is in the Norwich Town neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Water Heater Owned, Separate Hydro Meter, Separate Heating Controls
Security Features
Community Features
Location
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 18 Albert Street, Norwich, ON N0J 1P0
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 Norwich, ON
For a property listed at $699,900 in Norwich, the legal minimum down payment is $44,990 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 $10,473 for this transaction. As this listing is in Norwich (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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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.