306 ST. PATRICK STREET, Norfolk (Port Dover)

$1,599,000

For sale: Multiplex

Multiplex at 306 ST. PATRICK STREET, Norfolk (Port Dover)
Property type
Investment
Bedrooms / bathrooms
9 bathrooms
MLS®
MLS® X12205915
Neighbourhood
Port Dover

LOT 125.31 ft x 128.05 ft x 49.62 ft x 56.68 ft x 77.17 ft x 89.01 Investment Opportunity! 9 unit property with a view of Silver Lake in beautiful Port Dover. This rental complex consists of a 1-2 story home, a four-plex, and 4 little homes plus bonus detached garage/workshop. The house is a 3 bedroom, 1 bathroom with some updated windows and an updated bathroom. The 5-plex has 3 - 2 bedroom units and 1 - 1 bedroom unit plus a utility room and had a new steel roof installed approximately 8 years ago. There are 3 - 1 bedroom tiny homes and 1 - 2 bedroom tiny home. The garage has a cement floor & hydro and is partially finished. Most units have laundry hookups available. An amazing investment opportunity in a great location! Lot is irregular THIS IS A MULTIPLEX PROPERTY WITH 9 UNITS IN TOTAL FULLY SERVICED FOR RENT.PLEASE SEE SURVEY ATTACHED.PLEASE NOTE THE MEASURMENTS ARE FOR THE TWO STOREY HOUSE ONLY. Additional information on mpac report which gives square footage of buildings and survey also in attachments.

Sold data

Homes in Norfolk (Port Dover) — recent sold market

Homes in Norfolk (Port Dover) took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 138 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $612,500.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$612,500
Sale-to-list ratio
96.7%
Sold above asking
9%

Based on 138 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 306 ST. PATRICK STREET