$699,000
Available - For Sale
Listing ID: X12124128
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 with a 20' x 40' inground pool. The property boasts one other unit: a 2-bedroom unit above the garage. Each unit has its own hydro service. A large 30' x 80' detached garage is perfect for the owners personal workshop or can be leased out for extra income potential. Gross income POTENTIAL is estimated between $140,000-$158,000 annually across residential rents, garage/shop rental, and commercial storage operations. Zoned MR, 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 addresses in one purchase 449, 451 & 455 Port Ryerse Road! |
| Price | $699,000 |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 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 |
| Financial Statement: | F |
| 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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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Norfolk |
| Municipality: | Norfolk |
| Neighbourhood: | Port Ryerse |
| Tax: | $7,553.04 |
| Fireplace: | N |
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