451 Port Ryerse Road Active Save Request In-Person Tour Request Virtual Tour
Simcoe,ON N3Y 4K2
Key Details
Property Type Multi-Family
Sub Type Duplex Side/Side
Listing Status Active
Purchase Type For Sale
Square Footage 2,505 sqft
Price per Sqft $309
MLS Listing ID 40732950
Bedrooms 6
Abv Grd Liv Area 2,505
Year Built 1945
Annual Tax Amount $7,553
Property Sub-Type Duplex Side/Side
Source Waterloo Region
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 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!
Location
Province ON
County Norfolk
Area Woodhouse
Zoning MR
Direction From Hwy 403, take Hwy 24 S to Simcoe. Turn left on Queensway E (Hwy 3), then right on Hillcrest Rd. Veer left onto Port Ryerse Rd. Property is approx. 5km ahead on the right.
Rooms
Other Rooms Other
Basement Full,Finished,Sump Pump
Kitchen 0
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry In-Suite
Exterior
Parking Features Detached Garage
Garage Spaces 6.0
Roof Type Asphalt,Metal
Lot Frontage 272.0
Lot Depth 275.0
Garage Yes
Building
Lot Description Rectangular,Marina,Quiet Area
Faces From Hwy 403, take Hwy 24 S to Simcoe. Turn left on Queensway E (Hwy 3), then right on Hillcrest Rd. Veer left onto Port Ryerse Rd. Property is approx. 5km ahead on the right.
Story 2
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 502090367
Ownership Freehold/None