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List Price: $899,000

451 Port Ryerse Road, Norfolk, N3Y 4K2

- By Century 21 Heritage House Ltd Brokerage
Commercial Retail|MLS - #X12124128|Price Change
Bed
Bath
23200 Sqft.
Single Detached Garage

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 2-bedroom unit above the 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!
Property Description

451 Port Ryerse Road, Norfolk, N3Y 4K2

Property type

Commercial Retail

Lot size

N/A acres

Style

Approx. Area

23200 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

23200

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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Walk around the neighborhood
451 Port Ryerse Road, Norfolk, N3Y 4K2
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 451 Port Ryerse Road

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