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$879,000
Norwich
4 Otterview Drive, Norwich (Otterville), Ontario, N0J1R0
This 4-bedroom, 2-bathroom home in Norwich is for sale offering roughly 1,750 sq ft of space. Listed at $879,000, it is attractively priced about 11% below the $989,000 median asking price in Norwich. It has been on the market 55 days, fresher than the Norwich average of 71 days.
Located in the heart of Otterville, this well-maintained 4-bedroom, 2-bathroom home offers comfortable living in one of Oxford County's most desirable small-town communities. The bright living room, kitchen, and dining area flow seamlessly to the rear porch, overlooking mature trees and beautifully landscaped grounds. The main floor features a spacious primary bedroom with ensuite, along with two additional bedrooms and a full bathroom, providing flexibility for families, retirees, or those seeking convenient main-floor living. The finished basement expands the living space with a large rec room, a fourth bedroom, a bathroom rough-in, and an oversized utility and storage area. The laundry room has the third bathroom located next to the outside back door. Outside, the property has been thoughtfully maintained and offers plenty of space to relax and enjoy the outdoors. Additional features include an in-ground lawn irrigation system and an invisible fence, adding both convenience and functionality to the property. Ideally situated close to parks, walking trails, and local amenities, this home offers the perfect opportunity to enjoy the welcoming lifestyle and strong sense of community that make Otterville such a sought-after place to call home. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 71 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 60 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed single family in Norwich (Otterville) has been listed for 55 days, which is 16 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $879,000, about 9.1× the local median household income of $97,000.
Carrying it typically needs a household income of about $171,699 (20% down, 25-yr amortization, stress-tested) — roughly 77% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0J)
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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.