311 George St
Port Dover, Norfolk, N0A 1N0
FOR SALE
$799,900
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5
BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX11987067
MLSIDContact Us
Property Description
Prime investment opportunity in Port Dover, just a 5-minute walk to the beach! SET YOUR OWN RENTS! This tri-plex is perfectly positioned in a highly desirable area, offering easy access to shops, restaurants, schools, parks, nature trails, & essential services. Featuring 3 updated and well-maintained units, this property is move-in ready and designed to meet the demands of modern renters. Unit 1 offers 3 bedrooms, 1 bath, and onsite laundry; Units 2 and 3 each feature 1 bedroom and 1 full bath (see floor plans in photos). Each unit is separately metered for hydro, gas, and water. 3 Hot water heaters are owned. With ample parking options both street and onsite and a prime location, this property attracts tenants seeking lifestyle and convenience. As demand for quality rental units in Norfolk County grows, this tri-plex promises a stable and rising income stream. With the hard work of upgrades already completed, you can focus on maximizing returns. **EXTRAS** Whether as a long-term rental or an Airbnb, this properties unbeatable location & strong rental appeal make it a smart choice for investors seeking long-term growth & stability. Property is being sold AS IS, Buyer To Do Own Due Diligence
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Property Features
Beach, Fenced Yard, Golf, Lake/Pond, Marina, Park
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Acreage
< .50
Fronting
South
Taxes
$4,750 (2024)
Basement
Unfinished
Exterior
Brick, Stucco/Plaster
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.30' x 12.57' | |
| Kitchen | Main | 11.22' x 11.22' | |
| Br | Main | 8.92' x 15.81' | |
| 2nd Br | Main | 7.74' x 15.81' | |
| 3rd Br | Main | 9.48' x 12.57' | |
| Dining | Main | 12.14' x 14.83' | |
| Living | 2nd | 16.31' x 16.24' | |
| Kitchen | 2nd | 9.65' x 12.24' | |
| 4th Br | 2nd | 10.30' x 14.07' | |
| Living | 2nd | 13.75' x 11.48' | |
| Kitchen | 2nd | 9.74' x 11.48' | |
| 5th Br | 2nd | 15.55' x 11.48' |
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Norfolk Market Statistics
Norfolk Price Trend
311 George St is a 5-bedroom 3-bathroom home listed for sale at $799,900, which is $214,900 (36.7%) higher than the average sold price of $585,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Norfolk declined by $216,000 (27.0%) compared to the previous 30 day period (December 22 - January 20) and up $247,500 (73.3%) from the same time one year ago.Inventory Change
There were 1 5-bedroom homes listed in Norfolk over the last 30 days (January 21 - February 19), which is up ∞ compared with the previous 30 day period (December 22 - January 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Norfolk typically sold ($14,000) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $24,900 increase compared to the previous 30 day period (December 22 - January 20) and $18,760 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 5-bedroom homes in Norfolk over the last 30 days (January 21 - February 19) stood at 100.0%, down from ∞ over the previous 30 days (December 22 - January 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Norfolk stood at 57 days when successfully sold over the last 30 days (January 21 - February 19), compared to 123 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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