539 Main Street, Norwich, ON
Property no longer active
This property was sold on April 21, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Norwich. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,500 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 132 x 350 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
3 bedroom Bungalow on an acre lot near Otterville. This cozy bungalow would make a great starter or retirement home. Move right in or in or modify to meet your standards. The one acre lot backs onto farm fields and has plenty space for your pets or hobbies. This property is in a central location between Otterville and Springford on a paved road with Natural gas, high speed internet services. You may keep a few animals on this property as it has the RE zoning.
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Property Summary
This detached home located at 539 Main Street, Norwich is currently for sale and has been available on SousaSells for 477 days. This property is listed at $499,500 with an estimated mortgage of $1,663* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 539 Main Street, Norwich is in the Rural Norwich neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 539 Main Street E, Norwich, ON N0J 1R0
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 $499,500 in Norwich, the legal minimum down payment is $24,975 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 $6,465 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 $6,465.
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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.