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For saleMLS® 40842509

1045 Bay Street

Port Rowan, N0E 1M0

$425,000

Bedrooms
3
Bathrooms
1
Interior
1,296 ft²
Lot
0.08 acres
Type
Detached

About this home

INVESTMENT OPPORTUNITY WITH COMMERCIAL ZONING! Welcome to 1045 Bay Street in the heart of Port Rowan, a unique property offering exceptional flexibility and income potential. Zoned for commercial use, this property opens the door to a variety of business, investment, and mixed-use possibilities. Whether you're an entrepreneur looking to operate a business from home, an investor seeking multiple revenue streams, or someone looking for a property with future development potential or just enjoy being close to lakeside living, this is an opportunity worth exploring.

The property features ample space to generate additional income through rental opportunities, home-based business operations, or other permitted commercial ventures. Situated in a high-visibility location within a growing lakeside community, you'll benefit from excellent exposure while being just minutes from local amenities, marinas, and the renowned Long Point area. Properties offering this combination of commercial zoning, income potential, and prime location are increasingly hard to find.

Unlock the possibilities and discover the value this versatile property has to offer. Book your private showing today!

Property details

Property type
Detached
Ownership
Freehold
Age
100+ Years
Property taxes
$1,841
Heating
Forced Air
Parking
1 space
Water
Municipal
Sewer
Sewer (Municipal)
Lot
0.08 acres
Zoning
CG
Time on market
135 days on market
MLS® number
40842509

Features

Outside

  • Aluminum Siding
  • Metal roof

The lot

  • Urban
  • Beach
  • Near Golf Course
  • Marina
  • Lake/Pond

Included with the home: Negotiable

Rooms

Measurements are deemed reliable but not guaranteed.

Eat-in KitchenMain17' 4" × 15' 9"
BathroomMain4-Piece
LaundryMain9' 4" × 11'
DenMain9' 9" × 8' 7"
BedroomMain11' 6" × 8'
BedroomMain10' 5" × 8'
BedroomMain10' × 8'
Living RoomMain18' 9" × 9' 9"
Bonus RoomMain18' × 10' 8"

Location

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

Estimate your payment

20% down. The minimum on this price is $21,250.

Your monthly payment

$1,882

Mortgage amount
$340,000
Interest over the amortization
$224,542

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 $425,0002.0%$500.00

Ontario land transfer tax

$4,975

Tax before any refund
$4,975.00
You pay on closing
$4,975.00

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 Alicia Flynn, Royal LePage Trius Realty Brokerage.

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40842509.

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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