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For saleMLS® 40860307

1040 Bay Street

Port Rowan, N0E 1M0

$949,900

Bedrooms
8
Bathrooms
7
Interior
4,500 ft²
Type
Detached

About this home

A Truly Iconic Port Rowan Property! Welcome to 1040 Bay Street, a legendary home and business opportunity in the heart of beautiful Port Rowan. Situated on an ovrszd 101' x 172' lot, this remarkable property offers a rare combination of historic charm, commercial potential, and an unbeatable DT location. Set along Port Rowan’s Main Street, you are just steps from the village’s shops, restaurants and amenities, with an easy stroll through DT to the pier, lighthouse and shores of Lake Erie. Originally constructed in 1910, this gorgeous Southern-style home is rich with character and timeless details, offering a wonderful glimpse into years gone by. Mature trees frame the circumference of the property, providing shade, privacy and beauty throughout the expansive gardens and grounds.

The property consists of two distinct components, making it ideally suited for cont'd use as a home and B&B. The original two-storey residence features a welcoming reception area, a spacious living/dining area, kitchen and separate study on the main flr. Upstairs offers 3 bdrms, 1 bath and a bonus room, while the large attic presents an exciting opportunity for additional finished living space or future expansion. Connected to the main residence is a separate accommodation wing constructed in the early 80s featuring 4 bdrms, each with its own ensuite bathroom—an ideal setup for accommodating guests and taking advantage of the strong tourism appeal of Port Rowan and the surrounding Long Point area.

A partially finished bsmnt provides additional living space, laundry facilities and excellent utility. Outside, the oversized lot is a defining feature, offering an abundance of room, mature landscaping and endless possibilities rarely found in a DT setting. Whether you're looking to cont' the B&B operation, create a unique live/work prprty, or bring your own vision to one of PR’s most recognizable historic homes, 1040 Bay Street is an exceptional opportunity to own a piece of Port Rowan history.

Property details

Property type
Detached
Ownership
Freehold
Style
Traditional
Age
100+ Years
Property taxes
$5,209
Heating
Fireplace-Gas, Forced Air, Natural Gas, Gas Hot Water, Heat Pump
Cooling
Central Air, Ductless, Wall Unit(s)
Basement
Full, Partially Finished
Fireplace
Living Room
Parking
10 spaces, detached garage
Water
Municipal
Sewer
Sewer (Municipal)
Zoning
CG
Time on market
65 days on market
MLS® number
40860307

Features

Outside

  • Vinyl Siding
  • Wood Siding
  • Asphalt Shing roof

The lot

  • Urban
  • Rectangular
  • Ample Parking
  • Arts Centre
  • Beach
  • Business Centre
  • Campground
  • City Lot
  • Near Golf Course
  • Landscaped
  • Marina
  • Open Spaces

Included with the home: Negotiable

Rooms

Measurements are deemed reliable but not guaranteed.

FoyerMain11' 6" × 9' 3"main entrance reception for guest check-in/check-out
KitchenMain11' 8" × 14' 3"
Living RoomMain19' 1" × 13' 3"
Dining RoomMain8' 2" × 13' 3"
OfficeMain12' 8" × 18' 6"
FoyerMain14' 3" × 6' 8"Hallway that splits off into the dining area/5th bedroom suit/office
BedroomMain15' 11" × 21' 10"5th bedroom suite featuring 4 piece ensuite.
OtherMain3' 9" × 34'right wing hallway that leads to the 4 guest suits on the right side of home.
BedroomMain10' 11" × 11' 5"1st guest suite in right wing featuring 4 piece ensuite
BathroomMainensuite in the first suite in right wing
BedroomMain10' 1" × 11' 5"2nd guest suite featuring 4 piece ensuite
BathroomMainensuite in the 2nd suite in the right wing
BedroomMain10' 4" × 11' 5"3rd guest suit in the right wing featuring a 4 piece ensuite
BathroomMainensuite for 3 suite in the right wing
BedroomMain17' 3" × 15' 5"4th guest suite in right wing featuring 4 piece ensuite
BathroomMainensuite for the 4th suite in right wing
Recreation RoomLower19' 10" × 15' 5"rec room in the right wing basement
StorageLower27' 8" × 15' 5"storage room in the right wing basement
Utility RoomLower9' 11" × 6' 9"utility room in the right wing basement
BathroomLower3 piece bathroom located in the right wing basement
Sitting RoomLower10' 7" × 8' 5"
BasementLower33' 7" × 23' 5"basement for the main/original house
StorageLower12' 2" × 8' 4"storage room for original house basement
Utility RoomLower5' 4" × 14' 1"utility room in original house basement
Bonus RoomLower6' 9" × 7' 6"spare room in original house basement
AtticThird39' 3" × 32'attic in the original house
BedroomSecond12' 8" × 12' 8"2nd floor bedroom in the original house
Sitting RoomSecond11' 9" × 10' 7"2nd floor sitting room/study in the original house
BathroomSecond2nd floor bathroom in the original house
BedroomSecond27' 3" × 12' 6"primary bedroom in the 2nd floor of the original house
BedroomSecond10' 9" × 10' 7"3rd second floor bedroom of the original house
FoyerSecond16' 5" × 6' 2"2nd floor hallway of original house
BathroomMainensuite for the 5th bedroom suite

Location

Thinking about the area? Read our guide to living in Port Rowan.

Estimate your payment

20% down. The minimum on this price is $69,990.

Your monthly payment

$4,206

Mortgage amount
$759,920
Interest over the amortization
$501,866

An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.

Ontario land transfer tax

How the tax adds up

Ontario land transfer tax by bracket
$0 to $55,0000.5%$275.00
$55,000 to $250,0001.0%$1,950.00
$250,000 to $400,0001.5%$2,250.00
$400,000 to $949,9002.0%$10,998.00

Ontario land transfer tax

$15,473

Tax before any refund
$15,473.00
You pay on closing
$15,473.00

For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.

Listed by Tommy Land, RE/MAX Erie Shores Realty Inc. Brokerage.

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40860307.

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The Brolly Group is a team of REALTORS® with RE/MAX Twin City Realty Inc., Brokerage. Each office independently owned and operated.

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