<-- style PDP --> 407 Main Street, Norwich - Multiplex for sale for $1,399,900
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407 Main Street

Norwich, Ontario, N0J 1X0 - Springford

$1,399,900

  • Neighbourhood

    Springford

  • Major Intersection

    Main St & West St

  • Listed Since: 1 day(s)

  • Last update: 1 day(s) ago

Overview

  • Property Type

    Multiplex, 2-Storey

  • Bedrooms

    9

  • Bathrooms

    5

  • Basement

    Unfinished + Full

  • Kitchen

    5

  • Total Parking

    9

  • Lot Size

    126.78x194 (Feet)

  • Taxes

    $4,939.00 (2025)

  • Type

    Freehold

Property Description

Property description for 407 Main Street, Norwich

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.

Listed by Wiltshire Realty Inc. Brokerage

  • MLS #

    X12681700

  • Sq. Ft

    5000 +

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available, Lane, Other

  • Garage

    None

  • Total Parking

    9

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Metal

  • Foundation

    Concrete Block, Stone, Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Septic

  • Central Vac

    N

  • MLS #

    X12681700

  • Sq. Ft

    5000 +

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available, Lane, Other

  • Garage

    None

  • Total Parking

    9

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Metal

  • Foundation

    Concrete Block, Stone, Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Septic

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 407 Main Street, Norwich

This property has been sold 5 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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