385522 59 Highway, Norwich, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Norwich. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,100,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 849.08 x 1350.23 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor, Storage, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
First time offered to market, this 26-acre A2-zoned farm offers privacy and space with generous setbacks from neighboring farms, ideally located in the heart of Norwich Township near Burgessville. Built in 1991, the home features a main floor primary bedroom with shared ensuite access, a spacious living room and separate family room, along with a bright eat-in kitchen and dining area overlooking the property. Upstairs offers three additional large bedrooms and a full bathroom, providing plenty of space for family living. The basement includes a finished rec room, with the remaining area left unfinished for storage or future possibilities. The heated 60' x 40' main shop features a concrete floor, 15-foot ceilings, and a 12' x 12' overhead door, making it well suited for equipment, hobbies, or business use. A second 40' x 20' shop is fully finished inside and out, complete with hydro and two overhead doors. Ample driveway space provides excellent parking and storage options.
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Primary Bedroom - Main Floor, Storage, Water Heater
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 385522 59 Highway, Norwich, ON N0J 1C0
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About Purchasing a Home in Norwich, ON
For a property listed at $2,100,000 in Norwich, the legal minimum down payment is $420,000 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 $38,975 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 $38,975.
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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.