4 WASHINGTON STREET, Norwich (Norwich Town)
$549,900
For sale: Multiplex
- Property type
- Investment
- MLS®
- MLS® X13633262
- Neighbourhood
- Norwich Town
Position your business for success with this exceptional mixed-use commercial property located in the heart of Norwich. Offering convenient access and ample parking, this versatile property combines commercial and residential income potential in one prime location.The main building features an office space with great visability, ideal for professional or retail use, along with two self-contained apartments that provide an excellent opportunity for rental income.Adding even more value is a detached heated garage, perfect for storage, a workshop, or additional business operations, as well as a separate storage room to accommodate inventory, equipment, or supplies.Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a live-work opportunity, this unique property offers flexibility, functionality, and long-term potential in a desirable downtown setting.
Sold data
Homes in Norwich Town — recent sold market
Homes in Norwich Town took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 87, across 59 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 87 days.
The median sale price was $598,270.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
- Median days to sell
- 38
- Median sale price
- $598,270
- Sale-to-list ratio
- 97.3%
- Sold above asking
- 8%
Based on 59 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 Town)
Norwich (Norwich Town) has 1 Fraser Institute–rated school (1 elementary).
- Rated schools
- 1
- Elementary
- 1
Top-rated schools in Norwich (Norwich Town)
- Emily Stowe — elementary, NorwichFraser rating 4.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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