259 Cedar Dr

Norfolk | Turkey Point | N0E 1T0
  • 4
  • 2
  • 0

$1,289,000

Est. Mtg $4,370 /mo
  • Days on market

    201

  • Status

    Ext

Listing Broker RE/MAX ESCARPMENT GOLFI REALTY INC.
Since listed: 2 views

Home details

MLS #:

X8172422

Property type:
Detached
Style:
2-Storey
Taxes:
$3,000
Possession:
Flexible
Lot Front:
64.83   Feet
Lot Depth:
87.3   Feet
Basement:
Crawl Space |
Driveway Pkg:
12
Heat:
Propane | Forced Air

Description


259 Cedar Dr, , Norfolk, Ontario is a Detached property in Norfolk and in the Turkey Point community in the N0E 1T0 postal code


Amazing investment opportunity in Turkey Point. This turn-key property allows you to live/work from home, showcasing a well-recognized restaurant called "Kelly's Cove." Situated on the main road, it offers high visibility signage, ensuring maximum exposure/ offers 12 parking spots. The restaurant itself spans approximately 1,080 sqft of business space. Every aspect of this establishment has been replaced, including a new hood system (2022), stainless steel tables (2022), metal roof (2022), & much more. On the west side of the property, you'll find a charming 4-bed, 2-storey residential home. Recent updates have been made, such as new flooring, kitchen, interior/exterior doors, appliances, & windows (2020). Additionally, a septic system was installed in 2020. This property offers immense potential. Whether you choose to reside on the premises and operate the business or prefer to lease the restaurant while keeping the home as a rental property, the possibilities are abundant. RSA.

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2024-01 2024-03 $1,350,000 $1,350,000 Ter X7373636
2024-03 2024-09 $1,289,000 $1,289,000 Ext X8172422
2024-03 $1,350,000 $1,350,000 X7373774
2023-12 $1,350,000 $1,350,000 X6183600
2024-09 $1,289,000 $1,289,000 X8172432

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Norfolk :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Norfolk :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 259 Cedar Dr

Based on available 3rd party data

$4755

Approximate costs per month

Mortgage
$4370 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$250 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Lake/Pond
  • Place Of Worship
  • School
Listing Broker RE/MAX ESCARPMENT GOLFI REALTY INC.
Data Source: TRREB

Payment calculator

$4620 monthly. In association with: TD Bank
%
  • Principal and Interest
    4370 /mo
  • Property Taxes
    $250 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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