MLS®: XS1503196 Status: For sale

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$1,090,000
Location:

744 Nelson Street, Port Dover Ontario, N0A1N2

744 Nelson Street, Port Dover Ontario
Description:
Attention investors/developers! Check out this investment opportunity close to Lake Erie shoreline in Port Dover. This 3.5 acre parcel currently has a dwelling but zoning and approvals in place for a 34 unit townhouse condo development with sewage capacity allocated. Contact sales rep for costing and details of development requirements and a pro forma that will show about $1 million profit on this project - 14% return on investment. Market demand is increasing in this quaint lakeshore community as a result of retirees migrating from nearby cities so they can enjoy life on Ontario's Southcoast and all of the special amenities that beautiful Norfolk County has to offer. Go to sales rep's personal website and click on "Discover Norfolk and Ontario's South Coast".
Property:
Type: Vacant Land
Lot Dimensions: 3.5Acreage: 3.5 ac|2 - 4.99 acres
Utility Types Available: Hydro (Available), Natural Gas (Available), Sewer (Available), Water (Available)
Sewer: Municipal sewage system
Structure:
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RE/MAX Erie Shores Realty Inc., Brokerage
RON VANDENBUSSCHE
Broker
RE/MAX ERIE SHORES REALTY INC BROKERAGE
Telephone:
(519) 426-0081
Fax:
(519) 426-2424
Email Website
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Listing Office: RE/MAX ERIE SHORES REALTY INC BROKERAGE

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