Refinished Hardwood Bungalow Near Schools in Delhi

Property details for 256 Markwell Street, Norfolk

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 1
Lot Size: 82.6 x 63.9 FT
Stories: 1
Basement: Finished, Full
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $2,817

This 2-bed, 1-bath bungalow on Markwell Street is a solid, no-nonsense pick. The main floor shines with refinished hardwood that runs through the living room (currently styled as a dining space) and into the bedrooms. That living room has etched glass pocket doors for a bit of character. Kitchen is central and practical with an eating area, and the 4-piece bath is updated. You've got a spacious mudroom off the garage (new overhead door) that leads to the backyard, which is fully fenced. Downstairs, the basement is finished with a massive bar and a separate office, plus a rec room and utility space. It's not fancy, but it's functional. The lot is 82.6 x 63.9 feet, and there's parking for five (attached garage plus driveway). Location-wise, you're a 4-minute walk from Delhi District Secondary School and close to KFC and other spots. It's about 20 minutes to Tillsonburg, Simcoe, or Lake Erie. Priced at $515,000, which is in line with the area's median, and taxes are just $2,817. Good value for a move-in-ready home that's been well kept.

About 256 Markwell Street, Norfolk — Property Score

Prime Location Feature Rich Well Priced

Score: 68/100

Value

Priced 27.5% below area median of $709,900 based on 19 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

5,278 sqft lot - a standard lot for the area 65

Location

$76K median household income - near the Canadian average of $70K 68

79% of residents hold postsecondary credentials - a highly educated neighbourhood 87

90% homeownership rate - indicating a stable, owner-occupied community 93

77% of residents commute under 30 minutes - excellent commuter accessibility 92

1,534/km² population density - a well-balanced suburban area 85

Market

Just listed - area average is 73 days on market 100

-1.5% median price change over 1 month - stable pricing in the area 43

38 months of housing supply - 152 active listings with 4 sold last month (buyer's market) 40

Features

5-car garage - area average is 7.8 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.55% effective tax rate ($2,817/yr) - very low tax burden 84

10% renter population - primarily owner-occupied area 42

Quality

Condition

Listing

31 photos provided - below the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.