451 Port Ryerse Road, Norfolk, ON N3Y 4K2

Norfolk N3Y 4K2 Ontario

MLS: X12124128

$775,000

Added 16 hours ago | For Sale

Listed by: Century 21 Heritage House Ltd Brokerage

About Property

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!

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 272 X 225
  • Water:Well
  • Garage Spaces: /Single Detached
  • Driveway:
  • Heating Fuel:
  • Cross Street:Highway #6 and Port Ryerse Road
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $7553.04323
  • Bedrooms:
  • Total Parking Spaces:16
  • Parking Places:16
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12124128

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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