trreb/IMG-X13860628_d48296a7-51fb-4ba0-bccc-e92ae9b34b23-l.jpg
11 hours on Market

407 Main St, Norwich, Ontario N0J 1X0

Townhouse
9
5
~5000 + sqft
$1,495,000
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Townhouse
9
5
~5000 + sqft

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Highlights

Property Estimate

Days on market11 hours

Estimated valueNot available

Price/Sqft$150/sqft

Monthly cost

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Description

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

Style2-Storey
View-
Age of property-
SqFt~5000 + SqFt
Lot Size24,595 SqFt(194 x 126.78)
Parking Spaces9
MLS ®NumberX13860628
Community NameNorwich
Data SourceTRREB
Listing byWiltshire Realty Inc. Brokerage

Features

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

Features

Lot size: 24,595 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 9


Property History

Oct 5, 2026
ListedActive
$1,495,000
11 hours on market
history photo preview29
Listing by trreb®
Property listed by Wiltshire Realty Inc. Brokerage, Brokerage
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Market Data - Norwich

Geo Zone Map ThumbnailNorwich

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2025

0 day

2024

0 day

New Listings

Past 30 days

0 listing

Compared to

2025

4 listings

2024

3 listings

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

2024

0 unit

Median Sold Price

Past 30 days

$529,000

Compared to


Population and Demographics

Overview

Total population 11826
Average household income $121,822

Age (%)

0 to 19
31%
20 to 34
18%
35 to 49
17%
50 to 64
19%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget