ON > Simcoe
Simcoe, ON N3Y 4K2,451 Port Ryerse Road
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Simcoe, ON N3Y 4K2,451 Port Ryerse Road
Simcoe, ON N3Y 4K2,451 Port Ryerse Road
Simcoe, ON N3Y 4K2,451 Port Ryerse Road
Simcoe, ON N3Y 4K2,451 Port Ryerse Road
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Max Hahne

Max Hahne

+1(705) 441-5800
Listed by Cole Shelly • CENTURY 21 HERITAGE HOUSE LTD. BROKERAGE
$ 775,000
Est. payment /mo
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Price Dropped by $124K

451 Port Ryerse Road Simcoe, ON N3Y 4K2

6 Beds

1 Bath

2,505 SqFt

UPDATED:

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

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agent

Max Hahne

Broker | License ID: 2053955

+1(705) 441-5800

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451 Port Ryerse Road