$499,000

For sale

256 Markwell Street, Norfolk (Delhi) - Single Family for Sale

256 Markwell Street, Norfolk (Delhi), Ontario, N4B2R2

2 beds1 bath5 parking900 ft²83 × 64 ft (5,278 sq ft) lot sizeListed 72 days ago

Overview

This 2-bedroom, 1-bathroom home in Norfolk is for sale offering roughly 900 sq ft of space. Listed at $499,000, it is attractively priced about 13% below the $575,000 median asking price in Norfolk. It has been on the market 72 days, fresher than the Norfolk average of 103 days.

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Description

Welcome to this incredibly well-maintained 2-bedroom bungalow, perfectly nestled on a quiet street in the town of Delhi. Step into a spacious mudroom that offers effortless access to the attached garage (featuring a brand-new overhead door), the peaceful backyard, the main living area, and a large finished basement. The main floor boasts beautifully refinished hardwood floors, a bright and airy living room(currently styled as a dining room) complete with etched glass pocket doors, and a practical, centrally located kitchen. Both bedrooms are generously sized with large closets, and the updated 4-piece bathroom is ready to enjoy. Downstairs, the expansive basement features a massive bar area perfect for entertaining, plus a dedicated office space that could easily adapt to your lifestyle. Situated in a prime, central location with easy access to multiple schools and just 20 minutes from Tillsonburg, Simcoe, and the shores of Lake Erie-this affordable gem truly has it all! (id:66096)

Property Details

MLS®: X13711792
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 83 × 64 ft (5,278 sq ft)
Frontage: 83 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $2,817/yr
Listed

Rooms

Main level

Kitchen: 2.82 x 3.94 meters
Bedroom: 3.86 x 3.66 meters
Primary Bedroom: 4.47 x 3.63 meters
Eating area: 2.57 x 3.94 meters
Dining room: 5.13 x 3.96 meters

Basement

Office: 5.05 x 3.3 meters
Other: 2.84 x 3.89 meters
Recreational, Games room: 5.33 x 7.52 meters
Utility room: 2.85 x 4.11 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave, Freezer, Window Coverings, Garage door opener remote(s)
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

72d

Norfolk (Delhi) listings, avg age

103d

Price / ft²

$554

List price

$499K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Norfolk (Delhi) has been listed for 72 days, which is 31 days fresher than the city average of 103. Act while there is still low competition.

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Listed by Century 21 Heritage House Ltd Brokerage · Tammy Kyle

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4B)

This home lists at $499,000, about 6.4× the local median household income of $78,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $78,000
Population: 8,223
Median age: 44.4
Owner / renter: 81% / 19%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N4B)

$499,000· $554/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$235/mo

Total monthly$2,863

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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