594443 Highway 59 Road, Norwich

$959,000
594443 Highway 59 Road

$959,000

New
64d
Detached2-Storey

594443 Highway 59 Road, Norwich

Total Monthly Obligation $4,668

Beds
2
Baths
2
Park
10
Sqft
1500-2000
DOM
64d
Yield
3.1%
Cash on Cash
-10.7%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-X13695236
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-177.6 × 461.8 ft
Listed on site-Aug 20, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$5,099 (2025)
Parking-20 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Block, Concrete Block
Sewer-Septic
Possession-FLEXIBLE
Neighbourhood-Rural Norwich
Title-Residential Freehold

No agent assigned

Welcome to 594443 Hwy 59! Situated on 2 acres and just minutes from the 401, this property offers the perfect blend of historic charm, modern updates and exceptional versatility.The historic two-storey home has been thoughtfully updated while preserving its original character. The main floor features an updated kitchen with a large island and stainless steel appliances, a convenient mudroom with access to a 2-piece bath, formal dining room and spacious living room. Upstairs, you'll find two bedrooms, including the primary suite with a generous walk-in closet that could easily be converted back to a third bedroom. An updated 4-piece bathroom completes the second floor. The unfinished basement provides laundry facilities and plenty of storage space.Step outside onto the rear deck and enjoy your morning coffee while taking in peaceful views of the property and shop. The impressive 4,000 sq. ft. shop offers endless possibilities for business, hobbies, storage or workspace, featuring 14', 12' and 8' garage doors, 600-volt, 3-phase hydro, heating, a finished office/flex space and a 2-piece bathroom.A newly installed driveway encircles the property, providing excellent access and functionality. With 2 acres to enjoy, there is plenty of space for gardens, a fire pit, outdoor recreation and more. Conveniently located just minutes from the 401, this unique property is an excellent opportunity for those looking for a character-filled home with substantial shop space and room to grow.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$767,200
Land Transfer Taxes$15,655
Legal Fees (Est.)
$
Total cash required for closing$208,955

Total Monthly Obligation

$4,668/mo
Mortgage $3,868
Monthly Loss $3,650
Principal$1,018
Interest$2,850
Property Tax$425
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 594443 Highway 59 Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.