225737 OTTERVILLE ROAD, Norwich

$10/sqft

For rent: Other

Other at 225737 OTTERVILLE ROAD, Norwich
Property type
Commercial Retail
MLS®
MLS® X13238724
Neighbourhood
Rural Norwich

$10/Sqft + TMI. This brand new four-unit commercial building offers flexible lease opportunities ranging from 1,831 sq. ft. up to 5,522 sq. ft. Each bay features an 18-ft clear height and a roll-up door, providing excellent functionality for a wide range of operations. The property is zoned Highway Commercial, permitting a variety of uses. Each unit is equipped with its own private washroom. Interior finishes can be customized and negotiated as part of the lease agreement, allowing tenants to tailor the space to their specific needs. 3 phase electrical system. Brochure available.

Sold data

Homes in Rural Norwich — recent sold market

Homes in Rural Norwich took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 64, across 30 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $792,350.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$792,350
Sale-to-list ratio
97.2%
Sold above asking
17%

Based on 30 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Norwich

Norwich has 1 Fraser Institute–rated school (1 elementary).

Rated schools
1
Elementary
1

Top-rated schools in Norwich

  • Emily Stowe — elementaryFraser rating 4.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 225737 OTTERVILLE ROAD