ON > Norfolk > Port Ryerse
Norfolk, ON N3Y 4K2,451 Port Ryerse RD
Norfolk, ON N3Y 4K2,451 Port Ryerse RD
Norfolk, ON N3Y 4K2,451 Port Ryerse RD
Norfolk, ON N3Y 4K2,451 Port Ryerse RD
Norfolk, ON N3Y 4K2,451 Port Ryerse RD
Norfolk, ON N3Y 4K2,451 Port Ryerse RD
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Marianne Knezovic

Marianne Knezovic

Real Broker Ontario Ltd., Brokerage

+1(416) 886-9937
$ 935,000
Est. payment | /mo

6 Beds

5 Baths

Save
$ 935,000
Est. payment | /mo
Save

6 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Port Ryerse

MLS Listing ID X12124134

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,553

Tax Year 2024

Property Sub-Type Multiplex

Property Description

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, 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!

Location

Province ON

County Norfolk

Community Port Ryerse

Area Norfolk

Rooms

Family Room No

Basement Partially Finished

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Sump Pump

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Hot Tub, Porch Enclosed

Garage Spaces 6.0

Pool Inground

Roof Type Asphalt Rolled,Metal

Road Frontage Public Road

Lot Frontage 272.0

Lot Depth 225.0

Total Parking Spaces 16

Building

Unit Features Marina

Foundation Block, Poured Concrete

Others

ParcelsYN No

Listed by Century 21 Heritage House Ltd Brokerage

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451 Port Ryerse RD