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407 Main Street E, Norwich, ON N0J 1X0, Norwich, Ontario

detached · 9 bed · MLS® X12681700

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$1,399,900

MLS# X12681700

407 Main Street E, Norwich, ON N0J 1X0

Norwich, Ontario N0J 1X0

9

Bedrooms

Bathrooms

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Sq Ft

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Year Built

New Listing· Listed null days on marketPopular· 56 views today
About This Property

A charming and original piece of Springford with strong investment appeal.This 5-unit multi-residential property is situated on a large lot backing onto the creek, offering a rare combination of stable rental income, tenant desirability, and long-term value.All units have been well maintained, with Units 4 and 5 recently updated, featuring improved kitchens, bathrooms, flooring, and additional upgrades. The building is serviced by five independent gas forced-air furnaces, providing unit-by-unit efficiency and helping keep operating costs predictable. Most wiring and plumbing have been updated, adding peace of mind for long-term ownership.The property is protected by a Duraloc steel roof (approximately 20 years old), contributing to its low-maintenance profile. Outdoor space further enhances tenant appeal, with Units 2, 3, and 5 enjoying private decks or balconies overlooking the expansive rear yard, while Units 1 and 4 benefit from a generous front porch.Set on a deep lot with creek views, this property offers excellent tenant demand today, with potential long-term upside tied to land value and future enhancement in a growing rural community. A compelling opportunity for investors seeking a solid buy-and-hold asset with durability, income stability, and room to grow.Rent roll and financial information available upon request to qualified buyers.

Property Details

Property Type

Detached Home

Year Built

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Lot Size

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Garage

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Basement

N/A

Heating

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Cooling

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Parking Spaces

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Location

Map View

407 Main Street E, Norwich, ON N0J 1X0, Norwich, Ontario

About 407 Main Street E, Norwich, ON N0J 1X0

This Detached Home at 407 Main Street E, Norwich, ON N0J 1X0 is listed for sale in Norwich, Ontario at $1,399,900.

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Norwich is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this detached home represents a compelling opportunity in Norwich's real estate market.

MLS® number X12681700. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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Mortgage Calculator

$1,399,900

20% ($279,980)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$6,877

*Principal & Interest only. Does not include taxes or insurance.

Principal$1,119,920
Total Interest$943,267
Total Cost$2,343,167
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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