$129,900
For sale: Vacant Land

Exceptional Development Opportunity ! Don't miss your chance to own a prime parcel of land in the growing **Town of Norwich**. Ideally located near established residential neighborhoods, **Home Hardware**, and other local amenities, this property offers outstanding potential for future development and multiple permitted uses, subject to municipal approvals. Situated on the **future planned Water Street**, this is an excellent investment opportunity for builders, developers, and investors looking to secure land in a rapidly growing area. A rare opportunity to invest in the future growth of Norwich-don't let it pass you by!
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 87 days.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.
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
Norwich (Norwich Town) has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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