$935,000
Available - For Sale
Listing ID: X12124134
451 Port Ryerse Road , Norfolk, N3Y 4K2, Norfolk
| Incredible opportunity to own a multi-unit residential package just minutes from Port Dover, Turkey Point, Simcoe, and the scenic shores of Lake Erie. This property includes a total of three addresses (449, 451, and 455 Port Ryerse Road) that have amalgamated into one live in one, rent the others, or invest in all for serious cash flow potential. The primary residence at 451 Port Ryerse features a spacious 4-bedroom home, a self-contained bachelor unit, and a 2-bedroom unit above the garage. Two unconfirmed additional units one in the basement and one detached at the rear offer further upside for savvy investors. Each unit has separate hydro service. A large 30' x 80' detached garage is perfect for workshop use or extra income potential, and the property also features a 20' x 40' inground pool. Gross income potential is estimated between $140,000-$158,000 annually across residential rents, garage/shop rental, and commercial storage operations. Zoned MR (Marine Residential), the property supports its current uses with no redevelopment permitted, offering stable, long-term income in a high-demand recreational area. Seize this rare chance to secure a fully integrated residential and commercial investment minutes from Lake Erie's waterfront! Own all three properties in one purchase 449, 451 & 455 Port Ryerse Road! |
| Price | $935,000 |
| Taxes: | $7553.04 |
| Assessment Year: | 2024 |
| Occupancy: | Owner+T |
| Address: | 451 Port Ryerse Road , Norfolk, N3Y 4K2, Norfolk |
| Directions/Cross Streets: | Highway 6 & Port Ryerse Road |
| Rooms: | 24 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Partially Fi |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Basement | Recreatio | 20.37 | 13.48 | |
| Room 2 | Basement | Bedroom | 10.33 | 9.09 | |
| Room 3 | Basement | Bathroom | 9.68 | 7.48 | |
| Room 4 | Basement | Other | 9.28 | 7.54 | |
| Room 5 | Basement | Other | 11.61 | 22.93 | |
| Room 6 | Main | Kitchen | 11.05 | 16.7 | |
| Room 7 | Main | Dining Ro | 11.05 | 6.23 | |
| Room 8 | Main | Living Ro | 13.87 | 22.93 | |
| Room 9 | Main | Laundry | 7.22 | 4.1 | |
| Room 10 | Main | Foyer | 6.89 | 4.17 | |
| Room 11 | Second | Primary B | 13.97 | 10.5 | |
| Room 12 | Second | Bedroom | 13.97 | 9.38 | |
| Room 13 | Second | Bedroom | 11.05 | 9.38 | |
| Room 14 | Second | Bedroom | 11.05 | 10.33 | |
| Room 15 | Second | Bathroom | 9.64 | 6.59 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Upper |
| Washroom Type 4 | 3 | Flat |
| Washroom Type 5 | 3 | Basement |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | Detached |
| Drive Parking Spaces: | 10 |
| Pool: | Inground |
| Other Structures: | Aux Residences |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | Marina |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Septic |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Century 21 Heritage House Ltd Brokerage |
|
|
Zannatal Ferdoush
Sales Representative
Dir:
647-528-1201
Bus:
647-528-1201
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Norfolk |
| Municipality: | Norfolk |
| Neighbourhood: | Port Ryerse |
| Style: | 2-Storey |
| Tax: | $7,553.04 |
| Beds: | 5+1 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | Inground |
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