291 Victoria Street, Norfolk, ON
This listing is no longer active (Terminated)
This property has been sold, leased, or taken off the market. You can view similar active listings below.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Simcoe. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $569,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
Description
0.54 Acre Development Property, site plan approved for 8 townhouses. Letter of Credit Posted with sanitary sewers, storm sewers and water infrastructure installed on property (still needs to be connected to municipal services). Close proximity to schools, local restaurants, shopping makes it a great choice to live. Designed for practicality, the site plan includes an opportunity for 19 parking spaces, ensuring residents and guests always find convenient parking. Property being sold "As Is, Where is" under Power of Sale.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 291 Victoria Street, Norfolk, ON N3T 4K2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Norfolk, ON
For a property listed at $569,000 in Norfolk, the legal minimum down payment is $31,900 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 $7,855 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,855.
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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.
