306 St. Patrick St W
Port Dover, Norfolk, N0A 1N0
FOR SALE
$2,099,999
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3
BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSX11964624
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Property Description
Investment Opportunity! 9 unit property with a view of Silver Lake in beautiful Port Dover. This rental complex consists of a 1-2 storey 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 4-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.
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Property Features
Golf, Level, Marina, Place Of Worship, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Multiplex, Other
Approximate Sq.Ft.
5000+
Lot Size
45' x 128'
Lot Irregularities
Irregular
Fronting
West
Taxes
$5,673 (2024)
Basement
Unfinished
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Other
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Ground | 19.72' x 9.84' | |
| Dining | Ground | 19.72' x 9.84' | |
| Kitchen | Ground | 12.99' x 9.84' | |
| Br | 2nd | 8.99' x 19.00' | |
| 2nd Br | 2nd | 9.88' x 8.99' | |
| 3rd Br | 2nd | 10.01' x 12.99' | |
| Bathroom | 2nd | 6.00' x 4.99' | 3 Pc Bath |
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Norfolk Market Statistics
Norfolk Price Trend
306 St. Patrick St W is a 3-bedroom 1-bathroom home listed for sale at $2,099,999, which is $1,437,299 (216.9%) higher than the average sold price of $662,700 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Norfolk declined by $83,133 (11.1%) compared to the previous 30 day period (December 22 - January 20) and up $237,482 (55.8%) from the same time one year ago.Inventory Change
There were 20 3-bedroom homes listed in Norfolk over the last 30 days (January 21 - February 19), which is up 233.3% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Norfolk typically sold ($18,100) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,687 increase compared to the previous 30 day period (December 22 - January 20) and ($9,444) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Norfolk over the last 30 days (January 21 - February 19) stood at 50.0%, down from 100.0% over the previous 30 days (December 22 - January 20) and down from 940.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Norfolk stood at 84 days when successfully sold over the last 30 days (January 21 - February 19), compared to 97 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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