451 Port Ryerse Road Norfolk, Ontario N3Y 4K2
$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:39382)
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 | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.26 m | 3.2 m | 4.26 m x 3.2 m |
| Second Level | Bedroom | 4.26 m | 2.86 m | 4.26 m x 2.86 m |
| Second Level | Bedroom | 3.37 m | 2.86 m | 3.37 m x 2.86 m |
| Second Level | Bedroom | 3.37 m | 3.15 m | 3.37 m x 3.15 m |
| Second Level | Bathroom | 2.94 m | 2.01 m | 2.94 m x 2.01 m |
| Basement | Recreational, Games Room | 6.21 m | 4.11 m | 6.21 m x 4.11 m |
| Basement | Bedroom | 3.15 m | 2.77 m | 3.15 m x 2.77 m |
| Basement | Bathroom | 2.95 m | 2.28 m | 2.95 m x 2.28 m |
| Basement | Other | 2.83 m | 2.3 m | 2.83 m x 2.3 m |
| Basement | Other | 3.54 m | 6.99 m | 3.54 m x 6.99 m |
| Main Level | Kitchen | 3.37 m | 5.09 m | 3.37 m x 5.09 m |
| Main Level | Dining Room | 3.37 m | 1.9 m | 3.37 m x 1.9 m |
| Main Level | Living Room | 4.23 m | 6.99 m | 4.23 m x 6.99 m |
| Main Level | Laundry Room | 2.2 m | 1.25 m | 2.2 m x 1.25 m |
| Main Level | Foyer | 2.1 m | 1.27 m | 2.1 m x 1.27 m |
| Upper Level | Kitchen | 1.44 m | 2.39 m | 1.44 m x 2.39 m |
| Upper Level | Living Room | 4.47 m | 3.4 m | 4.47 m x 3.4 m |
| Upper Level | Foyer | 1.54 m | 1.09 m | 1.54 m x 1.09 m |
| Upper Level | Bathroom | 1.43 m | 2.19 m | 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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May 05 2025 03:28:42
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