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$399,900
Norfolk
317 St Patrick Street, Norfolk (Port Dover), Ontario, N0A1N0
This multi-family property in Norfolk is for sale offering roughly 1,750 sq ft of space. It has been on the market 7 days, fresher than the Norfolk average of 73 days.
Discover an exceptional investment opportunity in the heart of Port Dover with this charming, solid brick residential two-storey duplex. Perfectly positioned for savvy investors or those seeking a mortgage helper, this property offers the ideal setup to live on one level while renting out the other, or to add a lucrative asset to your portfolio. Currently tenanted, this income-generating property provides immediate rental revenue from day one. The main floor features three bedrooms and one bathroom, while the second floor offers two bedrooms and one bathroom. Situated directly across the street from Silver Lake, residents can enjoy a scenic walking trail, local events, a park, and the vibrant Saturday Morning Farmers Market right at their doorstep. Additionally, the beach, pier, restaurants, theatre, and local stores are all within a convenient walking distance, combining classic character, prime location, and solid income potential. Beyond the immediate neighborhood, the location provides easy access to neighboring Norfolk County communities like Simcoe just a short drive away, and serves as a manageable commuting distance to Hamilton in under an hour, making it effortless to experience regional outdoor recreation, local businesses, and wider commuter routes. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 73 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed multi-family in Norfolk (Port Dover) has been listed for 7 days, which is 66 days fresher than the city average of 73. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,900, about 4.5× the local median household income of $88,000.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
