368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

407 Main Street E, Norwich, ON N0J 1X0

$1,495,000
  • Sale
  • Multiplex
  • 33 days ago
  • Updated: 2026-10-13

Property Overview

Property Type
Multiplex
Bedrooms
9
Bathrooms
5
Garage
6
Size
N/A
Age
N/A
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 to qualified buyers.

Key Details

  • X13860628
  • 6
  • $1,495,000
  • Tenant
  • None
  • 5 + 5
  • 2-Storey
  • 9
  • 5
  • 5000 + Sqft
  • 38840
  • N/A
  • Multiplex
  • Sale

Additional Details

  • Forced Air / Gas
  • V
  • $4939
  • 2025
  • LT 2 E/S WEST ST PL 32; PT LT 1 S/S MAIN ST, 2 S/S MAIN ST, 3 S/S MAIN ST, 3 E/S WEST ST PL 32 PT 1 & 3, 41R3989 ; NORWICH
  • N/A
  • N
  • 38840
  • Unfinished,Full
  • 1
  • Central Air
  • Patio,Deck
  • Municipal
Neighbourhood profile DA 35240064 · 2021 Census

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Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the x13860628 - 407 Main Street E, Norwich, ON N0J 1X0?

    The total square footage of this property is 5000 + SqFt.

  • What schools near to x13860628 - 407 Main Street E, Norwich, ON N0J 1X0?

    The nearest schools are Ecole elementaire Dyane-Adam for elementary and Ernest C Drury School for the Deaf for secondary.

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