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Port Dover, Norfolk
$599,900
2 houses on 1 lot + opportunity to sever and build! This unique property is a rare offering: a large detached 2.5 story family sized home with 4 bedrooms and 2 full baths PLUS a fully detached 1 bedroom, 1 bathroom house at the rear of the property. Both properties are connected to municipal sewer, water, natural gas furnace and central air conditioning. Both properties are currently vacant for ease of sale transfer but were previously rented out continuously generating over $4000 in monthly income through long term tenants and short term rental. A unique opportunity to explore severance of the lot (112.5 feet of frontage!) for additional development. Either property could be owner occupied with the other generating substantial monthly income, or purchase it as part of your growing real estate portfolio. Just 200 m from lake access, this property is easily rented seasonally, short term, and long term tenants alike.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $3,210 |
| Lot Size | 112.5 ft x 85 ft |
| mls© Number | X13779910 |
| Listed By | SUTTON GROUP - SELECT REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,071
- Property tax
- $268
- Heat allowance
- $150
- Housing costs
- $3,488 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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