451 Port Ryerse Road,Norfolk, ON N3Y 4K2
Norfolk, ON N3Y 4K2
Description
Incredible mixed-use investment opportunity with stable income streams and huge upside, just minutes from Port Dover, Turkey Point, Simcoe, and Port Ryerse. This rare property includes 449, 451 & 455 Port Ryerse Road offering residential rental income, commercial storage operations, and a large workshop facility. The commercial component features a 40'x80' steel-frame storage building and 20,000 sq ft of fenced outdoor storage yard, serviced with hydro. Ideal for boat, trailer, RV, or contractor storage, the location benefits from strong seasonal and year-round demand thanks to its proximity to major recreational hubs. Zoned MR, the property is protected from overdevelopment and supports ongoing commercial use with no zoning changes required. The residential side includes a 4-br main home (owner-occupied), an rented bachelor unit, a rented 2-br unit above the garage, plus two unconfirmed additional units. All units have separate hydro service. A 30'x80' detached garage offers excellent flexibility for a marine repair shop, contractor space, or additional rental revenue. An inground 20'x40' pool adds lifestyle appeal or value to short-term rental strategies. Total estimated gross income ranges from $140,000- $158,000 annually across all income streams. Own all three properties and secure long-term returns in one strategic purchase.
Details
| MLS # | 40732967 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 26 |
| Listing Provided By | Century 21 Heritage House Ltd Brokerage | Cole Shelly |
Features
| SQ Feet | 23,200 |
|---|---|
| Garage | 6 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | MR |
Taxes
| Property | 4511 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Norfolk |
| City | Norfolk |
| Postal Code | N3Y 4K2 |
| Area | Woodhouse |
| Subarea | Rural Woodhouse |
| Community Name | Rural Woodhouse |
| Listing VS Median (in Rural Woodhouse) | |
Price: $699,000 low | high Med: $699,000 SqFt: 23,200 low | high Med: 2,505 $ / SqFt: $30 low | high Med: $279 On site: 26 low | high Med: 27.000000 | |
