$394,900

For sale

8 Chestnut Street, Norfolk (Port Rowan) - Single Family for Sale

8 Chestnut Street, Norfolk (Port Rowan), Ontario, N0E1M0

2 beds1 bath2 parking900 ft²62 × 90 ft (5,617 sq ft) lot sizeListed 40 days ago

Overview

This 2-bedroom, 1-bathroom home in Norfolk is for sale offering roughly 900 sq ft of space. Listed at $394,900, it is attractively priced about 39% below the $649,900 median asking price in Norfolk. It has been on the market 40 days, fresher than the Norfolk average of 78 days.

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Description

Lakeside living at it's best, welcome to 8 Chestnut Street in the charming town of Port Rowan offering you the relaxed atmosphere of small-town life. This year-round home would be ideal for the downsizer looking for a carefree lifestyle or as a cozy weekend retreat. The home is very well maintained with plenty of natural light and many updates, including the house and shed roof in 2025, new sewer line to the road, flooring, freshly painted, shed man cave with power, new front porch and updated rear porch and is in move in condition. The main living area is an open concept style with a spacious kitchen with lots of counter space and cupboards plus a large living room family room combo, 2 separate bedroom a large bathroom with shower and tub and a separate laundry and storage area. This property offers a superior location with all the basic amenities within walking distance, shops, restaurants, services and the Port Rowan waterfront and marina plus your only a short drive to Long Point and many other activities in the area, golfing, kayaking, wildlife viewing, wineries, microbreweries, and more. Opportunity knocks to chillax and decompress in a wonderful property you can truly call home. (id:66096)

Property Details

MLS®: X13828020
Property Type: Single Family
Zoning: R1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 62 × 90 ft (5,617 sq ft)
Frontage: 62 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Waterfront: Yes
Ownership

Rooms

Main level

Kitchen: 4.47 x 3.2 meters
Living room: 4.47 x 3.81 meters
Laundry room: 3.35 x 2.74 meters
Primary Bedroom: 3.05 x 3.2 meters
Bedroom: 3.05 x 3.05 meters
Bathroom: 3.35 x 2.74 meters
Utility room: 0.69 x 0.66 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, Stove, Dryer
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Norfolk (Port Rowan) listings, avg age

78d

Price / ft²

$439

List price

$395K

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 (Port Rowan) has been listed for 40 days, which is 38 days fresher than the city average of 78. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · JOEY ZURINI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0E)

This home lists at $394,900, about 4.3× the local median household income of $92,000.

Carrying it typically needs a household income of about $77,138 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$394,900· $439/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,745

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,006 capitalized)

Property tax (est.)$168/mo

Total monthly$2,248

Cash Needed to Close

Down payment (5%)$19,745

Land transfer tax$4,399

Est. closing costs$3,685

Total cash needed$27,829

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