290 POLDON Drive, Norwich, ON

$724,900
MLS#:X10745820
3 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 15, 2024. 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 Norwich Town. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $724,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 49.21 x 98.43 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located in a high demand neighbourhood in the desired town of Norwich, this home offers over 2,000 square feet of living space. Built in 2018, this home includes many upgrades that make many of its features stand out. Upon arrival you will notice the double car garage with access to the back mudroom with a large closet space as well. Entering into the main floor you will find the open concept design with a beautiful granite kitchen with upgraded cherry cabinets and a large center island. The dining room and living room all in view with the perfect place to host friends and family. There is an additional space for a breakfast nook or informal dining space. There is also walkout access to your full fenced backyard. On the second floor you will find an additional space for movie night, sleepovers, entertainment, and more! This is the perfect place to customize to your own use. On the next floor you will find the bedrooms and family bath with the primary bedroom featuring a massive walk-in closet and large ensuite bathroom with a soaker tub and walk-in tiled shower. The laundry room is also included on the second floor which makes it convenient for you with every day laundry near the laundry room. Don't wait to make this home yours! Full information brochure available upon request.

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Property Summary

This detached home located at 290 POLDON Drive, Norwich is currently for sale and has been available on SousaSells for 764 days. This property is listed at $724,900 with an estimated mortgage of $2,413* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 290 POLDON Drive, Norwich is in the Norwich Town neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Brick
BasementUnfinished, Full
Lot Size49.21 × 98.43 Feet
CountyOxford
Annual Tax$3,833.44
Legal DescriptionLOT 20, PLAN 41M332 TOWNSHIP OF NORWICH

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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290 POLDON Drive, Norwich, 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 290 POLDON Drive, Norwich, ON N0J 1P0

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 Norwich.

Configure Loan Settings

Interest Rate4.00%
Down Payment$217,470 (30.0%)
* Minimum Canadian down payment required for this price is $47,490.
Amortization Period30 Years
Estimated Monthly Payment$2,413Based on a loan of $507,430 over 30 years.
Purchase Price$724,900
Loan Amount$507,430
Provincial Land Transfer Tax:$10,973
Total Estimated Closing Taxes:$10,973

About Purchasing a Home in Norwich, ON

For a property listed at $724,900 in Norwich, the legal minimum down payment is $47,490 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 $10,973 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 $10,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Norwich Town, Norwich.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$643,301

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

Emily Stowe
Public1 Jerdon Street, Norwich, Ontario, N0J 1P0
4.0

Secondary Schools

No secondary schools data loaded.

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.