54 Albert Street, Norwich, ON

$929,000
MLS#:X12961172
6 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Norwich Town. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $929,000 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.

  • 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 55.91 x 150 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, In-Law Capability, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This property is situated on a quiet quarter-acre lot on a dead-end street, offering views of the agricultural landscape and privacy with no rear neighbors. The wrap-around porch provides a nice spot for enjoying morning coffee while taking in the surroundings.Inside, you'll find a sunlit, open-concept living area that flows into a well-equipped chef's kitchen. It features ample cabinetry, under-cabinet lighting, a built-in wall oven, and a gas range, along with a center island and a breakfast area that comfortably accommodates family meals. Two exterior doors lead to the porch, one in the living room and one in the dining room, expanding the living space outdoors.The master bedroom includes a huge walk-in closet with custom shelving and a 4-piece ensuite with both a custom shower stall and double vanity. There are also two additional bedrooms and a 4-piece hall bathroom on the main level, making it suitable for families.The fully-finished basement walks out to its own concrete deck and the backyard, allowing for potential customization such as a hot tub or sitting area. The lower level is complete with rec room, full kitchen, living room, 3 extra bedrooms, and a full 4 pc bathroom. The Utilities include a on-demand water heater, HRV unit, Natural gas furnace, A/C, 200 amp electrical services along with a separate generator panel. Property also offers an in-ground sprinkler system to keep the grounds lush all summer long! 54 Albert Street offers a practical and functional living space, making it a property you don't want to miss.

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 22, 2026
Sold price information is available to members only
Listed Date4/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFinished with Walk-Out
Lot Size55.91 × 150 Feet
CountyOxford
Annual Tax$5,032
Legal DescriptionLOT 6, PLAN 41M278 TOWNSHIP OF NORWICH

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger, In-Law Capability, Guest Accommodations, On Demand Water Heater, Primary Bedroom - Main Floor, Wheelchair Access

Security Features

Community Features

Location

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54 Albert Street, Norwich, ON
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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 54 Albert Street, Norwich, ON N0J 1P0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Norwich.

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Interest Rate5.25%
Down Payment$67,900 (7.3%)
* Minimum Canadian down payment required for this price is $67,900.
Amortization Period25 Years
Estimated Monthly Payment$5,131Based on a loan of $861,100 over 25 years.
Purchase Price$929,000
Loan Amount$861,100
Provincial Land Transfer Tax:$15,055
Total Estimated Closing Taxes:$15,055

About Purchasing a Home in Norwich, ON

For a property listed at $929,000 in Norwich, the legal minimum down payment is $67,900 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 $15,055 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 $15,055.

Nearby Listings

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No current listings found in Norwich.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Norwich Town, Norwich.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$647,438

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Emily Stowe
Public1 Jerdon Street, Norwich, Ontario, N0J 1P0
4.0

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.