4 West Street, Norwich, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Springford. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 132 x 145 ft lot size
- Convenient other garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Situated on 1.66 acres, this versatile property offers far more than meets the eye and is ideal for those looking to combine home and business in one convenient location. With commercial zoning and one of the busiest corners in Oxford County, the possibilities are endless! Perfect for a car dealership, workshop, home-based business, and much more. Please inquire for the extensive permitted uses on this property! The beautifully and fully renovated (down to the studs!) bungalow features bright open-concept living, highlighted by a modern white kitchen with ample cabinetry, stylish finishes, and seamless flow into the dining and living areas. The main level offers two spacious bedrooms and a stunning 4-piece bathroom, complete with a glass walk-in shower and luxurious freestanding tub. The finished basement rec-room provides additional space for relaxing, entertaining, or family movie nights. Step outside to your private backyard retreat, featuring a sparkling pool, patio lounging area, and plenty of green space for kids, pets, or outdoor activities. A standout feature of this property is the massive heated shop with three roll-up doors, this custom built building offers the perfect setup for operating a business, storing equipment, or pursuing hobbies. A separate 12' x 20' garage at the rear of the property provides even more storage or workspace. PLUS there's an over 1 acre field area at the rear ready for your vision. With so much room to live, work, and play, this unique property offers exceptional flexibility and opportunity.
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Pricing & Value Insights
Data-driven valuation for 4 West Street N, Norwich, ON N0J 1X0
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About Purchasing a Home in Norwich, ON
For a property listed at $799,900 in Norwich, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.
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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.