A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 451 Port Ryerse Rd, Norfolk Ontario N3Y 4K2
2 days on Market

451 Port Ryerse Rd, Norfolk, Ontario N3Y 4K2

Townhouse
5 + 1
5
~2500-3000 sqft
$935,000
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Townhouse
5 + 1
5
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$343/sqft

Est. Mortgage$4,015/mo

Tax Amount (2024)$7,553/yr

Days On Market2 days


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 (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!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size61,200 SqFt(225 x 272)
Parking Spaces16
MLS ®NumberX12124134
Community NameNorfolk County
Data SourceTRREB
Listing byCentury 21 Heritage House Ltd Brokerage

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin

Upper Floor

Kitchen

1.44 x 2.39

Eat-In Kitchen

Living

4.47 x 3.4

Foyer

1.54 x 1.09

Bathroom

1.43 x 2.19


Features

Lot size: 61,200 SqFt
Pool: Inground

Parking

Garage spaces 6

Garage type Detached

Other parking spaces 10

Total parking spaces 16


Property History

May 5, 2025
ListedActive
$935,000
2 days on market
history photo preview50
Listing by trreb®
Property listed by Century 21 Heritage House Ltd Brokerage, Brokerage
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Market Data - Norfolk County

Geo Zone Map ThumbnailNorfolk County

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

77 days

2023

28 days

2022

8 days

New Listings

Past 30 days

11 listings

Compared to

2024

24 listings

2023

14 listings

2022

13 listings

Units sold

Past 30 days

3 units

Compared to

2024

12 units

2023

7 units

2022

2 units

Median Sold Price

Past 30 days

$583,000

Compared to

2024

$570,000

2023

$550,000

2022

$751,250


Schools and amenities

Estimated Budget