259 Cedar Dr

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

$1,189,000

Est. Mtg $4,031 /mo
  • Days on market

    41

  • Status

    New

Listing Broker RE/MAX ESCARPMENT GOLFI REALTY INC.
Since listed: 1 views

Home details

MLS #:

X9398137

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 the popular Turkey Point awaits you. This fantastic turn-key property allows you to live and 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 and offers 12 parking spots for cars. The restaurant itself spans approximately 1,080 square feet of business space. Every aspect of this establishment has been replaced, including a new hood system (2022), stainless steel tables (2022), metal roof (2022), fire suppression system and much more. On the west side of the property, you'll find a charming 4-bedroom, 2-storey residential home. Recent updates have been made, such as new flooring, kitchen, interior/exterior doors, appliances, and 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. *REG TM. RSA..

Extras

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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 2024-10 $1,289,000 $1,289,000 Ter X8172422
2024-10 2024-10 $1,189,000 $1,189,000 New X9398137
2024-10 $1,189,000 $1,189,000 X9398204
2024-10 $1,289,000 $1,289,000 X8172432
2023-12 $1,350,000 $1,350,000 X6183600
2024-03 $1,350,000 $1,350,000 X7373774

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

$4416

Approximate costs per month

Mortgage
$4031 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:

  • Beach
  • Campground
  • Fenced Yard
  • Lake/Pond
Listing Broker RE/MAX ESCARPMENT GOLFI REALTY INC.
Data Source: TRREB

Payment calculator

$4281 monthly. In association with: TD Bank
%
  • Principal and Interest
    4031 /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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