Homula Realty Brokerage
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485556 Firehall Road, Norwich, ON N4S 7V8

Land
$998,800

23.44 Acres of Prime Bare Land on Firehall Road, located just minutes south of Woodstock with convenient access to the 401/403 corridor. This land offers an excellent opportunity for agricultural, residential, and future building use. An application has been approved by the Township of Norwich to permit a single detached residential building lot on the northwest corner of the property, along with the potential for additional agricultural buildings on the property. The proposed location of the future home is identified in the listing photos. Most of the property is tillable acres with some creek bed area, providing an excellent opportunity for agricultural use or a combination of residential and farming purposes.

MLS number
X13421642
Type
Land
Status
Active
Bedrooms
Bathrooms
Postal code
N4S 7V8
Photos
3
Property tax
$802 / year
95days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
East Oxford Public School
Thames Valley DSB
Elementary1.7 km5.7 / 10
57% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 549 people.

$103,000Median household income
92.1%Own their home
100%Detached houses
42Median age
9.8%Born outside Canada
16%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35320215 — the few blocks around this address, home to 549 people. It describes the area, not this property.

549Population
41.3Average age
2.9Household size
$135,000Average household income
$103,000Median household income
92%Own their home
8%Rent
0%Condominiums
10%Born outside Canada
16%University degree
$800,000Average home value
4%Low income
37%Not in the labour force
23%Never married
$35,000 to $39,9992%
$40,000 to $44,9992%
$50,000 to $59,9994%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9996%
$100,000 and over36%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,99911%
$200,000 and over13%

Percentages are of the 265 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$199,760 · minimum here is $74,880
$4,422.47per month
Borrowed before insurance$799,040
Total borrowed$799,040
Interest over 25 years at 4.5%$527,701

If you rented it out

-$4,489.30per month out of pocket
Rent$0.00
Everything it costs to hold$4,489.30
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX a-b Realty Ltd Brokerage. Listing data provided by the Toronto Regional Real Estate Board.