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451 Port Ryerse Road

Norfolk, N3Y 4K2
6 Beds
5 Bath
2500-3000 sqft

$775,000

Est. Payment
$2,960/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by Century 21 Heritage House Ltd Brokerage
MultiplexMLS #X12124134Price Change

Room Details

RoomFeaturesLevel
Bedroom
3.15 × 2.77 m
Basement
Kitchen
3.37 × 5.09 m
Main
Dining Room
3.37 × 1.9 m
Main
Living Room
4.23 × 6.99 m
Main
Primary Bedroom
4.26 × 3.2 m
Second
Bedroom
4.26 × 2.86 m
Second

Client Remarks

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 one 2-bedroom unit above the separate 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!

About This Property

451 Port Ryerse Road, Norfolk, N3Y 4K2

Property Type
Multiplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Partially Finished
Building Size
N/A
Status
In-Active
Property Type
Multiplex
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
451 Port Ryerse Road, Norfolk, N3Y 4K2
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 451 Port Ryerse Road

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