For Sale: 407 Main Street E, Norwich, ON - REW
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$1,399,900
9 bd 5 ba 5000 - 99999 sf Multifamily

407 Main Street ENorwich, ON, N0J 1X0

  • 9 Bed
  • 5 Bath
  • 5000 - 99999 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Bryan Wiltshire, Broker of Record, Wiltshire Realty Inc. Brokerage

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,939
Home facts
Bedrooms
9
Full Bathrooms
5
Parking Spaces
9
Property Type
Multifamily
Depth
194 feet
Frontage
126.9 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Features
Fireplace(s), Lane
Agent details
Primary Agent
Bryan Wiltshire
Primary Broker
Wiltshire Realty Inc. Brokerage
Secondary Agent
Amanda Wiltshire
Secondary Broker
Wiltshire Realty Inc. Brokerage
Listing details
Days on REW
154 Days
Property Views
54
MLS® Number
X12681700
Source
Canadian Real Estate Association
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25 Years
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Property Insights

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Saint Mary's Academy
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Cité Des Jeunes A.-M.-Sormany
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École Régionale Saint-Basile
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Centreville Community School
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Woodstock High School
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School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-10.