$575K · 2+1 bed Condo Townhouse · Norwich Town, Norwich

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About this home

END UNIT CONDO TOWNHOME located in the heart of Norwich, close to all amenities this charming community has to offer. This stylish bungalow is ideal for first-time home buyers, downsizers, or commuters to nearby cities and towns as well as those working remotely. The thoughtfully designed layout features quality craftsmanship throughout, including two bright and spacious bedrooms, one of which can easily function as a home office. The open-concept living space with modern kitchen, quartz coun…

Property details

MLS#

X12775120

Status

Buy Now

Beds

2+1

Baths

2 full, 0 half

Size

1000-1199

Style

Bungalow

Type

Condo Townhouse

Year built

—

Roof: Asphalt Shingle
Foundation: Poured Concrete
Property features: Park, Place Of Worship, School

Condo corp #: 145
Balcony: None
Locker: None
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 3 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Hardboard, Stone · Deck
Fronting on: —
Cross street: Stover St. and South Court St.
Basement: Full, Finished
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: On Demand Water Heater, Upgraded Insulation, Sump Pump, Storage
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Kitchen	4.03m × 3.02m
Main	Dining Room	2.19m × 3.8m
Main	Living Room	3.44m × 3.8m
Main	Laundry	1.67m × 1.82m
Main	Foyer	2.59m × 1.37m
Main	Primary Bedroom	6.22m × 3.64m
Main	Bedroom 2	3.54m × 2.86m
Main	Bathroom	2.61m × 2.68m
Basement	Bedroom 3	5.79m × 2.44m
Basement	Family Room	3.96m × 7.01m
Basement	Bathroom	2.26m × 2.32m
Basement	Office	3.05m × 3.66m
Basement	Utility Room	1.86m × 2.13m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $575,000✓ $3,600 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,840/mo

incl. closing costs (yr 1)

Annual total

$58,085

year 1

Mortgage only

$2,181/mo

principal + interest

Beyond mortgage

$1,536/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$115,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$300/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,750/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$27/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $26,176/yr

Property taxes20% $11,575/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,750/yr

Condo fees7% $3,924/yr

Closing costs9% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,176	$2,181/mo
Government & taxes
Property tax	$3,600	$300/mo
Land transfer tax(closing)	$7,975	$665/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,750	$479/mo
Condo fees
Condo / HOA fees	$3,924	$327/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$58,085	$4,840/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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3.5 South Court Street

About this home

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Property details

Rooms

Sales History

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Annual costs