Unknown for 2 ELGIN St, Norwich Ontario N0J 1P0
100 days on Market

2 ELGIN St, Norwich, Ontario N0J 1P0

Detached
6
3
- sqft
$499,900
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Detached
6
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,147/mo

Tax Amount (2024)$1,877/yr

Days On Market100 days


Description

Country living, city convenience, set in a great location close to shopping, schools and amenities. This property offers an excellent investment opportunity. This property has loads of living space, functional layout and great income potential. Set in a mature neighbourhood with close access to 401/403. Ideal for the savvy investor and those looking to gain and build their real estate portfolio. Prime opportunity for those looking to get into the housing market. Live in one unit and rent out the other two units. Excellent value in a prime location.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt-
Lot Size4,464 SqFt(93 x 48)
Parking Spaces4
MLS ®NumberX11944530
Community NameNorwich
Data SourceTRREB
Listing byCentury 21 Heritage House Ltd Brokerage

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished, Full

Main Floor

Kitchen

8.48 x 2.87

Living

3.66 x 3.56

Br

3.81 x 2.9

Br

3.4 x 2.39


Features

Lot size: 4,464 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 3

Total parking spaces 4


Property History

Jan 27, 2025
ListedActive
$499,900
100 days on market
history photo preview40
Listing by trreb®
Property listed by Century 21 Heritage House Ltd Brokerage, Brokerage
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Market Data - Norwich

Geo Zone Map ThumbnailNorwich

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

57 days

Compared to

2024

22 days

2023

47 days

2022

11 days

New Listings

Past 30 days

25 listings

Compared to

2024

38 listings

2023

34 listings

2022

27 listings

Units sold

Past 30 days

13 units

Compared to

2024

10 units

2023

26 units

2022

15 units

Median Sold Price

Past 30 days

$729,000

Compared to

2024

$662,500

2023

$655,000

2022

$675,000


Population and Demographics

Overview

Total population 11826
Average household income $121,822

Age (%)

0 to 19
31%
50 to 64
19%
20 to 34
18%
35 to 49
17%
65 and plus
15%

Household composition (%)

Single family
79%
Single person
20%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
86%
Dutch
6%
Others
3%
German
3%

House tenancy (%)

Owners
83%
Renters
17%

Schools and amenities

Estimated Budget