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451 Port Ryerse Road Norfolk, Ontario N3Y 4K2

6 Bedroom 5 Bathroom 2500 - 3000 sqft
Inground Pool Central Air Conditioning Forced Air

$935,000

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! (id:38414)

Property Details

MLS® Number X12124134
Property Type Multi-family
Community Name Port Ryerse
AmenitiesNearBy Marina
Features Sump Pump
ParkingSpaceTotal 16
PoolType Inground Pool
Structure Porch

Building

BathroomTotal 5
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
Appliances Hot Tub
BasementDevelopment Partially Finished
BasementType N/a (partially Finished)
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FoundationType Block, Poured Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Other

Parking

Detached Garage
Garage

Land

AccessType Public Road
Acreage No
LandAmenities Marina
Sewer Septic System
SizeDepth 225 Ft
SizeFrontage 272 Ft
SizeIrregular 272 X 225 Ft
SizeTotalText 272 X 225 Ft
ZoningDescription Mr

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.26 m x 3.2 m
Second Level Bedroom 4.26 m x 2.86 m
Second Level Bedroom 3.37 m x 2.86 m
Second Level Bedroom 3.37 m x 3.15 m
Second Level Bathroom 2.94 m x 2.01 m
Basement Recreational, Games Room 6.21 m x 4.11 m
Basement Bedroom 3.15 m x 2.77 m
Basement Bathroom 2.95 m x 2.28 m
Basement Other 2.83 m x 2.3 m
Basement Other 3.54 m x 6.99 m
Main Level Kitchen 3.37 m x 5.09 m
Main Level Dining Room 3.37 m x 1.9 m
Main Level Living Room 4.23 m x 6.99 m
Main Level Laundry Room 2.2 m x 1.25 m
Main Level Foyer 2.1 m x 1.27 m
Upper Level Kitchen 1.44 m x 2.39 m
Upper Level Living Room 4.47 m x 3.4 m
Upper Level Foyer 1.54 m x 1.09 m
Upper Level Bathroom 1.43 m x 2.19 m

Utilities

Cable Available
Telephone Nearby
Natural Gas Available Available

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