$935,000
Available - For Sale
Listing ID: X12124128
451 Port Ryerse Road , Norfolk, N3Y 4K2, Norfolk
| Incredible mixed-use investment opportunity with stable income streams and huge upside, just minutes from Port Dover, Turkey Point, Simcoe, and Port Ryerse. This rare property includes 449, 451 & 455 Port Ryerse Road offering residential rental income, commercial storage operations, and a large workshop facility. The commercial component features a 40' x 80' steel-frame storage building and 20,000 sq ft of fenced outdoor storage yard, serviced with hydro. Ideal for boat, trailer, RV, or contractor storage, the location benefits from strong seasonal and year-round demand thanks to its proximity to major recreational hubs. Zoned MR (Marine Residential), the property is protected from overdevelopment and supports ongoing commercial use with no zoning changes required. The residential side includes a 4-bedroom main home (owner-occupied), a rented bachelor unit, a rented 2-bedroom unit above the garage, plus two unconfirmed additional units (buyer to verify). All units have separate hydro service. A 30' x 80' detached garage offers excellent flexibility for a marine repair shop, contractor space, or additional rental revenue. An inground 20' x 40' pool adds lifestyle appeal or value to short-term rental strategies. Total estimated gross income ranges from $140,000-$158,000 annually across all income streams, including residential rent, commercial storage, and shop use (buyer to verify).Buy and operate immediately, or expand revenue potential this is a high-yield, multi-use asset in a fast-growing recreational corridor. Own all three properties 449, 451 & 455 Port Ryerse Road and secure long-term, diversified returns in one strategic purchase. |
| Price | $935,000 |
| Taxes: | $7553.04 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 451 Port Ryerse Road , Norfolk, N3Y 4K2, Norfolk |
| Postal Code: | N3Y 4K2 |
| Province/State: | Norfolk |
| Legal Description: | PT LT 2 CON 2 WOODHOUSE AS IN NR424037; |
| Directions/Cross Streets: | Highway #6 and Port Ryerse Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 23200.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | T |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Septic |
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| Century 21 Heritage House Ltd Brokerage |
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Zannatal Ferdoush
Sales Representative
Dir:
647-528-1201
Bus:
647-528-1201
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Norfolk |
| Municipality: | Norfolk |
| Neighbourhood: | Port Ryerse |
| Tax: | $7,553.04 |
| Fireplace: | N |
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