Lot 2 - 228 Church St is a land in Norwich, listed for $425,000.
1Nestled in this picturesque village, this sprawling 0.973-acre building lot presents a rare opportunity to bring your dream home to life.
2With ample space to design a custom home tailored to your needs, you'll have plenty of room for lush landscaping, outdoor entertaining areas, or even a backyard oasis.
3Enjoy nearby parks, golf courses, walking trails, and local shops, all while being just a short drive from major highways for convenient commuting.
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Lots & Land in Norwich
About Lot 2 - 228 Church Street
Build your dream home in beautiful Otterville, one of Oxford County's most charming and sought-after communities! Known for its peaceful atmosphere, friendly neighbours, and scenic surroundings, Otterville offers the perfect blend of small-town charm and modern convenience. Nestled in this picturesque village, this sprawling 0.973-acre building lot presents a rare opportunity to bring your dream home to life. With ample space to design a custom home tailored to your needs, you'll have plenty of room for lush landscaping, outdoor entertaining areas, or even a backyard oasis. Surrounded by natural beauty, this property provides a tranquil retreat while still being within easy reach of essential amenities. Enjoy nearby parks, golf courses, walking trails, and local shops, all while being just a short drive from major highways for convenient commuting. Whether you envision a cozy country-style home, a modern masterpiece, or a spacious family estate, this lot offers endless possibilities. Don't miss this incredible opportunity to secure a prime piece of land in one of Oxford County's most desirable locations.
Norwich land priced at $425,000 — book a tour to see if it fits your search.
Inside Lot 2 - 228 Church St
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0.973
Listing & possession
Property class
Vacant Land
Lot 2 - 228 Church St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13427968$425,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How Lot 2 - 228 Church St Compares to the Norwich Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,088
/mo
based on the purchase price of $425,000
$85,000 cash
$340,000 financed
$286,369 total interest
Principal54%$340,000
Interest46%$286,369
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market49Homes sold in about 49 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings74Homes for sale here right now.
Median vs prior 90 days+7.7%Compared with May 12 – Aug 10, 2026: prices up.
Based on 60 sales from Aug 10 – Nov 8, 2026 (40 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About Lot 2 - 228 Church St
How much is Lot 2 - 228 Church St listed for?
Lot 2 - 228 Church St is listed at $425,000 (MLS® X13427968). Summitly updates the price as soon as the MLS® record changes.
Has the price of Lot 2 - 228 Church St changed?
No — Lot 2 - 228 Church St is still listed at its original asking price of $425,000.
How many bedrooms and bathrooms does Lot 2 - 228 Church St have?
The listing for Lot 2 - 228 Church St doesn't publish its bedroom and bathroom count. It is a lot in Norwich.
How much would the monthly mortgage be on Lot 2 - 228 Church St?
About $2,088 a month — principal and interest on $425,000 with 20% down ($85,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does Lot 2 - 228 Church St compare with other homes in Norwich?
Its asking price of $425,000 is about 36% below the median sold price in Norwich over the last 90 days, $665,000, across 60 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has Lot 2 - 228 Church St been sold before?
Summitly has no earlier MLS® sale or lease of Lot 2 - 228 Church St on record from the last two years. Older records aren't shown under TRREB rules.
Where is Lot 2 - 228 Church St?
Lot 2 - 228 Church St is in Norwich, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Lot 2 - 228 Church St been on the market?
151 days — Lot 2 - 228 Church St was listed on June 10, 2026.
What is the lot size of Lot 2 - 228 Church St?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on Lot 2 - 228 Church St?
About $4,975 in Ontario land transfer tax at the asking price of $425,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of Lot 2 - 228 Church St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for Lot 2 - 228 Church St?
The listing for Lot 2 - 228 Church St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Norwich.
