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!
Off market
Price Unknown
451 Port Ryerse Rd, Norfolk County, ON N3Y 4K2
6beds
5baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 23 hours ago
Source: Century 21 Canada,MLS®#: X12124134

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Basement: yes
Property
Parking
- Parking features: DETACHED
Details
- Parcel number: 502090367
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & neighborhood
Location
- Region: Norfolk County
- Subdivision: Port Ryerse