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1115 BAY Street

1115 BAY Street

Port Rowan, Ontario

6,016 sqft • Other

$1,295,000

Lots of opportunity here! Mixed use commercial property in the lakeside community of Port Rowan. High visibility location with lots of traffic. Two units on the main floor, the larger one (approx. 2200 sq ft) currently owner occupied with a section subleased, and the smaller unit (approx. 450 sq ft) currently leased for a Service Ontario office. One finished and occupied two bedroom apartment on the second floor. And two additional two bedroom apartments nearing completion (construction scheduled for completion in June). Property has paved parking in the front and a large gravel parking area at the rear that could be used for storage. Zoned Service Commercial which provides for a wide range of uses. Ideal for an owner operator. Operate your business and have your tenants pay the mortgage. The large main floor unit features a large show room / retail / work area (48' by 34.5') complete with front and rear roll doors and a ceiling height of 14 feet. Lots of renovations and improvements at this property over the last number of years.

Price History

Property

Lot Size
0.81 acres

Schools

Elementary

  • Port Rowan Public School0.6 km

    Public · Grand Erie DSB · 240 students

    Grade 3 reading: 90% met the provincial standard · Grade 6 math: 96% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0E

Population
36,557
Private dwellings
15,375
Median age
46
Average household size
2.6
Median household income
$92,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in Port Rowan · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of other properties in Port Rowan over the last 12 months.

Location

Mortgage Calculator

$259,000

Estimated Monthly Payment

$6,362

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,362/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $324/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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