754328 Hwy 53 Rd
Norwich, N4S 7V8
FOR SALE
$649,000
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3 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS5
ROOMSX8210564
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Property Description
Highway Commercial Property With Many Possibilities. 5 Mins to 401 & 2 Mins to 403 & 6 mins to Woodstock Toyota Plants. On Busy Hwy 53/Muir Rd N Intersection, 1.42 Acres. SOLD as is where is Refer to Sch B for additional Disclosure.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-13 | 2023-04-13 | 90 | $999,000 | - | Expired |
| 2022-06-14 | 2022-09-14 | 92 | $1,400,000 | - | Expired |
Extras
This property will be sold "AS IT IS, WHERE IT IS". Invest today and see your wealth grow for future.
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
245' x 317'
Fronting
North
Taxes
$4,200 (2023)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.55' x 25.00' | |
| Family | Main | 7.19' x 21.00' | |
| Prim Bdrm | 2nd | 10.50' x 16.99' | |
| 2nd Br | 2nd | 10.07' x 19.19' | |
| Rec | Bsmt | 18.70' x 11.81' |
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Norwich Market Statistics
Norwich Price Trend
754328 Hwy 53 Rd is a 3-bedroom 3-bathroom home listed for sale at $649,000, which is $423,500 (39.5%) lower than the average sold price of $1,072,500 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Norwich increased by $532,500 (98.6%) compared to the previous 30 day period (July 21 - August 19) and up $604,500 (129.2%) from the same time one year ago.Inventory Change
There were 6 3-bedroom homes listed in Norwich over the last 30 days (August 20 - September 18), which is up 200.0% compared with the previous 30 day period (July 21 - August 19) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Norwich typically sold $25,050 (2.3%) above asking price over the last 30 days (August 20 - September 18), which represents a $42,500 increase compared to the previous 30 day period (July 21 - August 19) and ($7,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Norwich over the last 30 days (August 20 - September 18) stood at 33.3%, down from 100.0% over the previous 30 days (July 21 - August 19) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Norwich stood at 8 days when successfully sold over the last 30 days (August 20 - September 18), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Flower City Realty
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