$399,000

For sale

436 Old Mill Road, Norfolk - Single Family for Sale

436 Old Mill Road, Norfolk, Ontario, N4B2X5

5 beds3 baths4 parking1,750 ft²192 × 184 ft (35,402 sq ft) lot sizeListed 29 days ago

Overview

This 5-bedroom, 3-bathroom home in Norfolk is for sale offering roughly 1,750 sq ft of space. It has been on the market 29 days, fresher than the Norfolk average of 82 days.

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Description

Price to sell!!! Small Town Charm! Thoughtfully designed country home filled with character. Located conveniently between London, Cambridge, Hamilton, & Niagara - commute is a breeze. Situated on a quiet cul-de-sac on a generous 192 X 184ft private lot surrounded by mature trees. * Calling all Investors, DIY-enthusiasts, & First-time home buyers looking to purchase on a budget * Enter through the bright sunroom into the front living room. Main-lvl bedroom & 4-pc bath ideal for buyers looking for single level living. Eat-in family sized kitchen ideal for growing families. Formal dining space across from the family room W/O to rear patio. Upper level finished w/ 3 additional bedrooms, 2-pc bath & additional sunroom/ den offering plenty of room for family & guests. Finished W/O BSMT w/ spacious rec-room entertainment space can be used as an in-law suite or guest accommodation with fully functional kitchen & 3-pc bath along with an unfinished workshop utility room. (id:66096)

Property Details

MLS®: X13867520
Property Type: Single Family
Zoning: A HL
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 192 × 184 ft (35,402 sq ft)
Frontage: 192 ft
Storeys: 2
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes

Rooms

Main level

Sunroom: 2.27 x 4.09 meters
Living room: 4.6 x 4 meters
Bedroom 4: 3.17 x 2.45 meters
Kitchen: 3.73 x 2.94 meters
Dining room: 3.88 x 3.19 meters
Family room: 2.95 x 3.84 meters

Basement

Recreational, Games room: 7.13 x 8.63 meters
Den: 2.27 x 2.43 meters
Workshop: 7 x 5.86 meters

Second level

Features

Appliances: Water Heater
Foundation: Poured Concrete
Exterior: Wood
Lot Features: Cul-de-sac, Wooded area, Irregular lot size, Ravine, Backs on greenbelt, Guest Suite

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Norfolk listings, avg age

82d

Price / ft²

$228

List price

$399K

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 5-bed single family in Norfolk has been listed for 29 days, which is 53 days fresher than the city average of 82. Act while there is still low competition.

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Listed by CMI REAL ESTATE INC. · BRYAN JUSTIN JASKOLKA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4B)

This home lists at $399,000, about 5.1× the local median household income of $78,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$399,000· $228/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$155/mo

Total monthly$2,256

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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