NewFor Sale

407 Main Street E
Norwich, Oxford, ON, N0J 1X0

Multiplex
TRREB
MLS® Number: X13860628
Estimated Value
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$1,495,000List Price
9Bedrooms
5Bathrooms
0Garages
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Listing History

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Current valuation for 407 Main Street E, Norwich, ON N0J 1X0. Listed for $1,495,000 on 2026-11-02

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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 to qualified buyers.

Features

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Amenities

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Summary

Tax:$4,939 / 2025
Listing #:X13860628
Property Type:Multiplex, 2-Storey
Size:5000 + feet²
Land Size:126.78 x 194
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:Wiltshire Realty Inc. Brokerage

Rooms

Details

Property

Property Type:Multiplex
Style:2-Storey
Community:Springford
Municipality:Oxford

Building

Size:5000 + feet²
Construction:Vinyl Siding

Inside

Bedrooms:9
Bedrooms Above Grade:9
Bathrooms:5
Bathrooms Detail:3, 4pc Ground floor
Bathrooms Detail:2, 4pc Second floor
Kitchens:5
Family Room:No
Appliances Included:None
Basement:Unfinished, Full

Parking

Driveway:Available, Lane, Other
Garage Type:None
Garage Spaces:0
Total Parking Spaces:9

Utilities

Cooling:Central Air
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Septic

Highlights

Fireplace Type:Natural Gas

Land

Cross Street:Main St & West St

$1,495,000

List price

407 Main Street E, Norwich – 9 bed Multiplex for sale · MLS® # X13860628 | CPRB