44 & 46 Main Street, Norwich, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Norwich Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $579,900 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 4 Bathrooms
- Premium 30.6 x 100.3 ft lot size
- equipped with yes central cooling and highly efficient other heating
Description
Commercial building located in a high visibility location, with parking, on the corner of Main Street and Washington Street in Norwich. This 4-unit building is comprised of an office space and 3 apartments. The office space is located at the front of the building with large windows facing Main Street, the unit has 3 private offices plus an open reception area, foyer and 2-pc bathroom. The mainfloor apartment has 1 bedroom, a full bathroom, living, eat-in kitchen plus rear covered patio space. The upper floor consists of 2 apartments, a front 1 bedroom and a rear 2 bedroom unit. The front office space is owner occupied, the three apartments are tenant occupied . Income and expense report is available.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 44 & 46 Main Street W, Norwich, ON N0J 1P0
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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 $579,900 in Norwich, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.
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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.