
407 Main Street E
Norwich (Springford), ON N0J 1X0
- 9Bedrooms
- 5Bathrooms
- 9Parking
- 5000 +Sq Ft
- $4,939Tax
- 127×194 ftLot Size
- Free EstimateSee Free Estimate Report

Sale & Price History for 407 Main Street E, Norwich, Springford
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 407 Main Street E, Norwich, Springford
Summarized Description
- 5-unit property with strong investment appeal
- Units recently updated with modern features
- Independent heating systems for efficiency
- Low-maintenance Duraloc steel roof
- Private outdoor spaces enhance tenant appeal
- Located on a large lot with creek views
- Stable rental income with long-term value
- Opportunity for growth in a rural community
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 Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,939
- Land Transfer Tax Fee
- $26,375
- Basement Type
- Unfinished, Full
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Exterior Extras
- Patio, Deck
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Metal
- Foundation Details
- Concrete Block, Stone, Concrete
- Special Designation
- Heritage
Lot
- Lot Front
- 126.78 ft
- Lot Depth
- 194.00 ft
- Lot Size
- 38840
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 9
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Septic
- Bedrooms
- 9
- Washrooms
- 5
- Kitchens
- 5
Washrooms
- 4-piece, Ground
- 4-piece, Second
- Municipality
- Norwich
- Neighbourhood
- Springford
- Main cross streets
- Main St & West St
- Zoning
- V
- Directions
- East at 4 Corners of Springford, Property on right.
- MLS® number
- X13860628
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-05
- Updated on
- 2026-10-13
- Days on market
- 11 days
- Possession type
- Flexible
- Co-op commission
- 2.0%
- Seller
- Listed by
- Wiltshire Realty Inc. Brokerage
Home Market Value
Current home valuation for 407 Main Street E, Norwich, Springford, Norwich, ON. Listed for $1,495,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 407 Main Street E, Norwich, Springford
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $995,000 over $500K
$124,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,777 | $41,711 | $35,581 | $0 |
=Total mortgage | $1,424,197 | $1,387,211 | $1,306,331 | $1,196,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,954monthly | $6,773monthly | $6,378monthly | $5,839monthly |
Land Transfer Tax
$26,375
$26,375
Around this home
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