9.5 South Court Street, Unit 7, Norwich, ON

$495,000
MLS#:X11922328
2 beds
1 baths
1000-1199 sqft
3.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on February 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow condo townhouse located in the coveted neighborhood of Norwich Town. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $495,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability, On Demand Water Heater, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this eloquently designed gem in the heart of beautiful historic Norwich, the jewel of Oxford County. This prime corner unit beckons you to call it Home! 9.5 South Court Street West is vacant and freshly available as part of the beautiful Lossing's Landing On Elgin developement. Ideal for downsizing, ease of maintainence, accessibility, commuters and/or first time buyers. Situated at the intersection of two private quiet streets, this prime location is also close to all the community's features. This modern build offers high level workmanship floor to ceiling; including two bright and spacious bedrooms, a luxurious four piece bathroom with connected main lavel laundry, a modern build kitchen with quartz countertop and quality stainless steel appliances, an open concept living room, a long two car paved driveway with additonal private oversized single car garage, engineered hardwood and porcelain tiled flooring throughout, and an aesthecially appealing exterior facade with brick, stone and modern black features. The quality crafted staircase leads to an unfinished basement with the same square footage as the main level, offering so much potential for finishing as desired. The on demand gas hot water tank and gas barbeque connection at the brand new deck are even further offerings. This is a perfect escape with proximity for commuters to the surrounding area; 20 minutes to Woodstock (17 minutes to the Toyota plant), 20 minutes to Tillsonburg, 30 min to Brantford, 45 minutes to Cambridge, 50 minutes to Hamilton, and 50 minutes of less to London (all via high level maintained and cleared paved roads/ highways). This property is set to further improve with exterior professional landscaping, to be completed on the development site in the coming year. Also viable for investor's, and could be rented as an income property at or above $2,550+/month (this could be ideal for those staging to relocate). Celebrate the New Year with your beautiful New Home in Norwich! **EXTRAS** Legal Description: UNIT 7, LEVEL 1, OXFORD STANDARD CONDOMINIUM PLAN NO. 145 AND ITS APPURTENANT INTEREST; SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE AAS IN CO293519; TOWNSHIP OF NORWICH

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Property Summary

This townhouse located at 9.5 South Court Street, Norwich is currently for sale and has been available on SousaSells for 550 days. This property is listed at $495,000 with an estimated mortgage of $1,648* per month. It has 2 beds, 1 bathroom, and is 1000-1199 square feet. 9.5 South Court 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

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 15, 2025
Sold price information is available to members only
Listed Date1/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleBungalow
ConstructionBrick, Stone
BasementUnfinished, Full
CountyOxford
Annual Tax$1

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, Rec./Commun.Centre, School, School Bus Route

Interior Features

In-Law Capability, On Demand Water Heater, Upgraded Insulation, Water Meter, Separate Hydro Meter, Air Exchanger

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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9.5 South Court Street, Unit 7, 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 9.5 South Court Street W, 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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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$148,500 (30.0%)
* Minimum Canadian down payment required for this price is $24,750.
Amortization Period30 Years
Estimated Monthly Payment$1,648Based on a loan of $346,500 over 30 years.
Purchase Price$495,000
Loan Amount$346,500
Provincial Land Transfer Tax:$6,375
Total Estimated Closing Taxes:$6,375

About Purchasing a Home in Norwich, ON

For a property listed at $495,000 in Norwich, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.

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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$643,301

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

No secondary schools data loaded.

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.