5 Bailey Street, Norwich, ON
Property no longer active
This property was sold on June 12, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Norwich Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $629,900 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 70.54 x 118.51 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Move-in-Condition 1500+ sq.ft 3+1 bedroom 3 bath home with finished basement in a sought after neighbourhood in Norwich. Welcoming front porch opens to the bright living room and full dining room. Professional custom kitchen (2022) with soft-close cabinets, plenty of counter space, and stainless steel appliances. 2 bedrooms on the main floor, sparkling updated main bath (2020) plus full primary bedroom upstairs with ensuite bath addition (2020) . Professionally finished basement with bedroom 4, 2-piece bath, spacious family room, and large office. Brand new carpet through the house. Quality built with brick exterior, stamped concrete patio with hot tub, and steps down to the stone fire pit - perfect for the fast approaching warm nights. Many updates include: windows, wiring, kitchen, bathrooms, roof, carpets & more! Click on the 3D virtual tour to explore inside & out and then visit the family-friendly neighbourhood close to awesome schools, parks, conservation trails, & easy 401/403 access. This home is made for you!
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Property Summary
This detached home located at 5 Bailey Street, Norwich is currently for sale and has been available on SousaSells for 470 days. This property is listed at $629,900 with an estimated mortgage of $2,097* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 5 Bailey 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Bailey 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 $629,900 in Norwich, the legal minimum down payment is $37,990 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 $9,073 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 $9,073.
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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.