407 Main Street, Norwich, ON

$1,650/mo
MLS#:X12059444
2 beds
1 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was leased on May 14, 2025. This listing is for reference purposes only. to view the leased price.

Added:Apr 3, 2025(513 days ago)
Updated:May 14, 2025(472 days ago)
Last Checked:24 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Springford. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,650 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • Efficient forced air heating via gas

Description

Charming 2-Bedroom Upper Apartment in Springford. Enjoy comfortable living in this well-maintained upper-level apartment located in a pleasant building in Springford. Features Include 2 spacious bedrooms, Private entrance, Private deck, perfect for relaxing or entertaining. Convenient in-suite laundry. Modern 4-piece bathroom. Kitchen equipped with fridge and stove. Efficient gas forced air heating. This cozy apartment offers privacy and convenience, situated in a friendly neighborhood ideal for singles, couples, or small families. Available immediately

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Property Summary

This multiplex located at 407 Main Street, Norwich is currently for sale and has been available on SousaSells for 513 days. This property is listed at $1,650 with an estimated mortgage of $5* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 407 Main Street, Norwich is in the Springford neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Springford, Norwich.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusLeased
AddedApr 3, 2025 (513 days ago)
UpdatedMay 14, 2025 (472 days ago)
Last Checked24 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeMultiplex
Architectural Style2-Storey
ConstructionVinyl Siding
BasementNone
CountyOxford

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

None listed

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 407 Main Street, Norwich, ON

Q.What is the asking price for 407 Main Street, Norwich, ON ?

The current listing price for 407 Main Street, Norwich, ON in Springford, Norwich is $1,650.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 407 Main Street, Norwich, ON ?

407 Main Street, Norwich, ON is a Multiplex (2-Storey) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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407 Main Street, Norwich, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Springford, Norwich

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 407 Main Street E, Norwich, ON N0J 1X0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Norwich.

Configure Loan Settings

Interest Rate4.00%
Down Payment$495 (30.0%)
* Minimum Canadian down payment required for this price is $83.
Amortization Period30 Years
Estimated Monthly Payment$5Based on a loan of $1,155 over 30 years.
Purchase Price$1,650
Loan Amount$1,155
Provincial Land Transfer Tax:$8
Total Estimated Closing Taxes:$8

About Purchasing a Home in Norwich, ON

For a property listed at $1,650 in Norwich, the legal minimum down payment is $83 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8 for this transaction. As this listing is in Norwich (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8.

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Springford, Norwich Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Springford, Norwich.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$874,633

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Springford, Norwich

Elementary Schools

Emily Stowe
Public1 Jerdon Street, Norwich, Ontario, N0J 1P0
4.0

Secondary Schools

No secondary schools data loaded.

Springford, Norwich Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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