451 Port Ryerse Road Norfolk, Ontario N3Y 4K2

6 Bedroom 5 Bathroom 2,500 - 3,000 ft2
Inground Pool Central Air Conditioning Forced Air

$899,000

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 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! (id:40058)

Property Details

MLS® Number X12124134
Property Type Multi-family
Community Name Port Ryerse
Amenities Near By Marina
Features Sump Pump
Parking Space Total 16
Pool Type Inground Pool
Structure Porch

Building

Bathroom Total 5
Bedrooms Above Ground 5
Bedrooms Below Ground 1
Bedrooms Total 6
Appliances Hot Tub
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block, Poured Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Other

Parking

Detached Garage
Garage

Land

Access Type Public Road
Acreage No
Land Amenities Marina
Sewer Septic System
Size Depth 225 Ft
Size Frontage 272 Ft
Size Irregular 272 X 225 Ft
Size Total Text 272 X 225 Ft
Zoning Description 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

https://www.realtor.ca/real-estate/28259234/451-port-ryerse-road-norfolk-port-ryerse-port-ryerse

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