508 MAIN Street, Norwich, ON
Property no longer active
This property was sold on September 12, 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 Springford. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,399,900 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 115.92 x 243.93 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this exquisite 5-bedroom, 4-bathroom home, thoughtfully designed with a convenient layout and built in 2021. Nestled on just over half an acre this country property offers 4,830 square feet of finished living space. Enjoy this amazing 3-car heated garage with access to an in-law suite. As you enter the front door of this home, you're greeted in the oversized foyer leading into the spacious open-concept living area, perfect for entertaining and everyday living. The kitchen boasts high-end finishes, ample cabinetry, and a large island, creating a central hub for culinary activities. The oversized living room presents the perfect space to host friends and family and features exquisite wooden beams on the ceiling, and a large floor-to-ceiling natural gas fireplace. The dining room is large for family dinners and has convenient access to your backyard. The large covered patio offers space for everyone and is ideal for relaxation and enjoying breathtaking sunsets over the expansive fields. Behind the kitchen, discover a generously sized walk-in pantry, providing abundant storage for all your essentials. Additionally, find the convenient walk-in shoes closet and large laundry room. There is a second exit to your backyard where you will find the perfect private hot-tub oasis. One of the standout features of this property is the second living space with a loft above the garage, currently utilized for out of town guests. This versatile space includes a fully equipped kitchen, a comfortable bedroom, and a modern bathroom, providing a private and welcoming environment for guests or potential rental income. Your finished basement includes 3 spacious bedrooms, a full bathroom, and a large rec room for entertainment or simply relaxing after a long day. These pictures speak for themselves! Don’t wait to make this home yours!
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Property Summary
This detached home located at 508 MAIN Street, Norwich is currently for sale and has been available on SousaSells for 772 days. This property is listed at $1,399,900 with an estimated mortgage of $4,660* per month. It has 5 beds, 4 bathrooms, and is 3000-3500 square feet. 508 MAIN Street, Norwich is in the Springford 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 508 MAIN Street E, Norwich, ON N0J 1X0
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 $1,399,900 in Norwich, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.
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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.