3 Otterview Drive, Norwich

$840,000
3 Otterview Drive

$840,000

New
16d
DetachedBungalow

3 Otterview Drive, Norwich

Total Monthly Obligation $4,138

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
16d
Yield
3.5%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-X13872468
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-40.09 × 170 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,500 (2025)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Royal Lepage R.E. Wood Realty Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-Otterville
Title-Residential Freehold

No agent assigned

***LIMITED TIME OFFER- If closed by December 1, 2026 Seller will pay TWO years of Property Taxes after closing, ask for details*** Welcome home to 3 Otterview Drive! Situated in the quiet, scenic community of Otterville, this beautifully maintained all-brick bungalow offers an ideal layout for growing families or those looking to downsize in style.Step inside to discover fresh, updated flooring throughout the main level. The heart of the home is a chef-inspired kitchen featuring 3-year-old custom Pioneer cabinetry, which seamlessly overlooks the open-concept living and dining spaces. Soaring cathedral ceilings and massive windows flood the area with natural light while framing picturesque views of the 7th hole at Otter Creek Golf Course. Step directly outside to the newly updated rear deck to unwind in your recently added hot tub-the ultimate spot for evening relaxation.The spacious primary suite boasts a generous walk-in closet and a private 4-piece ensuite. Completing the main floor is a second bedroom (ideal for a home office), a stylish 3-piece bath, and a newly renovated laundry room with custom cabinetry.Downstairs, the expansive basement is built for entertaining or extra family space, complete with ample storage closets. It includes a large recreation room, a 3rd bedroom, a versatile bonus room (easily converted into a 4th bedroom or den), and an inviting, newly finished 4-piece bath.

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Closing Costs

Mortgage Amount
$672,000
Land Transfer Taxes$13,275
Legal Fees (Est.)
$
Total cash required for closing$182,775

Total Monthly Obligation

$4,138/mo
Mortgage $3,388
Monthly Loss $3,247
Principal$892
Interest$2,497
Property Tax$375
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 3 Otterview Drive

Time

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