Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$745,000
Norfolk
342 Glen Meyer Road, Norfolk (Glen Meyer), Ontario, N0E1G0
This 7-bedroom, 3-bathroom home in Norfolk is for sale offering roughly 1,300 sq ft of space. Its $745,000 asking price sits right in line with the $745,000 median in Norfolk. It has been on the market 21 days, fresher than the Norfolk average of 34 days.
Welcome to this charming brick bungalow in the peaceful community of Glen Meyer! Offering approximately 1,460 sq. ft. of above-grade living space, this home features an open-concept living area, 3+4 bedrooms, and 2+1 bathrooms, providing plenty of room for family, guests, or a home office. Enjoy the convenience of an attached single-car garage and a double-wide driveway with ample parking. Outside, you'll find a welcoming front porch, a back deck perfect for entertaining, and a large backyard complete with a fire pit, ideal for relaxing evenings and gathering with family and friends. With its spacious layout, versatile living space, and inviting indoor and outdoor features, this home offers a wonderful opportunity to enjoy comfortable living in Glen Meyer. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 34 days across the listings currently for sale in this city
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.
This 7-bed single family in Norfolk (Glen Meyer) has been listed for 21 days, which is 13 days fresher than the city average of 34. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $745,000, about 8.1× the local median household income of $92,000.
Carrying it typically needs a household income of about $145,525 (20% down, 25-yr amortization, stress-tested) — roughly 58% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0E)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
