451 PORT RYERSE ROAD, Norfolk (Port Ryerse) NEW LISTING

Brokered by: Century 21 Heritage House Ltd Brokerage

MLS®: X12124134 ()

Price: $935,000.00

Address: 451 PORT RYERSE ROAD, Norfolk (Port Ryerse)
FOR SALE
Postal Code: N3Y4K2
Style: 
Type: Multi-family Other
Bedrooms: 6
Bathrooms: 5
Bedrooms Aboveground:  5
Bedrooms Belowground:  1
Parking:  Detached Garage
Garage: Detached Garage
Lot Size:   272 ft x 225 ft
Property Size:  272 x 225 FT
Stories:  2


About 451 Port Ryerse Road

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:56071). Get more information on 451 Port Ryerse Road

Property Features

Appliances:  Hot Tub
Features:  Sump Pump
Rental Equipment:  
Pool Type:  Inground pool
Directions:  Highway 6 & Port Ryerse Road
Zoning Description:  MR
Interior Size:  2500 - 3000 sqft
Access:  Public Road
Lot:  272 x 225 FT 272 x 225 FT
Exterior Finish:  Vinyl siding
Water:  , Septic System
Heating / Cooling:   Natural gas / Central air conditioning
Age: 
Foundation: Block, Poured Concrete
Basement:  N/A (Partially finished) Partially finished

Rooms & Sizes

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

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.