$599,900

For sale

271 College Street West, Norfolk (Waterford) - Single Family for Sale

271 College Street West, Norfolk (Waterford), Ontario, N0E1Y0

4 beds2 baths3 parking900 ft²50 × 125 ft (6,250 sq ft) lot sizeListed 37 days ago

Overview

This 4-bedroom, 2-bathroom home in Norfolk is for sale offering roughly 900 sq ft of space. Listed at $599,900, it is attractively priced about 25% below the $799,900 median asking price in Norfolk. It has been on the market 37 days, fresher than the Norfolk average of 48 days.

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Description

Welcome to 271 College st W in the picturesque town of Waterford, where this beautifully maintained 3+1-bedroom, 2-bathroom home is ready for you to move in and enjoy. A one owner home with clear pride of ownership will be found as you step inside. You're greeted by a bright and airy living room featuring a cathedral ceiling, sleek laminate flooring, and a cozy gas fireplace - perfect for relaxing or entertaining. The updated kitchen offers modern functionality and style, while both bathrooms have been tastefully renovated, including a basement bathroom with a heated, lighted mirror for a spa-like touch. Downstairs, the spacious family room also boasts laminate flooring and another fireplace, creating a warm and inviting space for gatherings or quiet evenings. Enjoy peace of mind with almost all windows being recently updated, and appreciate the low-maintenance exterior complete with a durable metal roof. The outdoor space is equally impressive with newly updated decking; ideal for summer barbecues or enjoying your morning coffee. Walking distances to the Waterford ponds and all the hiking trails throughout. Don't miss the opportunity to own this charming, move-in ready home in the heart of Waterford! (id:66096)

Property Details

MLS®: X13841210
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 50 × 125 ft (6,250 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Features

Appliances: Refrigerator, Dishwasher, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Norfolk (Waterford) listings, avg age

48d

Price / ft²

$667

List price

$600K

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 4-bed single family in Norfolk (Waterford) has been listed for 37 days, which is 11 days fresher than the city average of 48. Act while there is still low competition.

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Listed by SHAW REALTY GROUP INC. · Shaw Hasyj

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0E)

This home lists at $599,900, about 6.5× the local median household income of $92,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $92,000
Population: 36,557
Median age: 46
Owner / renter: 88% / 12%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0E)

$599,900· $667/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$361/mo

Total monthly$3,493

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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