$ 1.599.000

103 Cedar Drive, Turkey Point

48 Photos

103 Cedar Drive, Turkey Point, ON N0E1T0 Photo 2

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103 Cedar Drive, Turkey Point, ON N0E1T0 Photo 7

Bedrooms: 2
Bathrooms: 1
Living area: 2000 square feet
MLS®: h4186945

Type: Residential
Added: 23 hours ago
Type: Residential
Listed by: Point2

Property Details

Profitable 0.33 ac Commercial/Residential property rarely available forsale boasting 63.98' of "Centre Stage" frontage located in the heart of Turkey Point's famous beach strip. Possibly "The Best" beach-front location in this popular Lake Erie resort town exploding every summer w/sun worshipping tourists that enjoy the expansive golden sand beaches directly in front of this "Erie Treasure". Mins to popular destination villages that dot Erie's Golden South Coast - renowned for fantastic boating, fishing, zip-lining, golfing + nearby bike/hiking trails. Less than 2 hour comm. to Toronto - 60 mins SE of London - central to Port Dover, Simcoe + Long Point's Eco-Sphere. Incs Commercial Restaurant established for over 70 years (currently leased until 2025 w/attractive annual rental income) offers aprx. 2000sf work area incs fully equipped kitchen, multiple take-out windows, refurbished WI cooler, 3pc bath, laundry station, SS range hood, fire suppression system-2020, membrane roof-2016, community water, septic + equipment-Sch"D". Positioned a comfortable distance back from Restaurant is freshly painted/redecorated-2023 year round 2 bedroom home (aprx. 1000sf) sporting mod. 4pc bath, luxury vinyl flooring-2023, 600sf southern exposed deck-2023, roof'17, p/g furnace'19, community water, septic, Fibre Internet + large rear yard. *Asset sale only / no P&L available* - Possible VTB! Confidentiality Agreement must be signed by any prospective Buyer(s) prior to releasing information. AIA

Best Mortgage Rates

Features

Other: Elevator: No, Inclusions: ALL ATTACHED WINDOW COVERINGS & RELATED HARDWARE, ALL ATTACHED INTERIOR & EXTERIOR LIGHT FIXTURES, ALL BATHROOM MIRRORS, FRIDGE, STOVE, WINDOW A/C UNIT, Foundation: Concrete Block, Laundry Access: In-Suite
Heating: Propane, Forced Air
Lot Features: Rural
Interior Features: Kitchens: 1, 1 above grade, 1 4-Piece Bathroom
Sewer/Water Systems: Sewers: Septic

Nearby Places

Name	Type	Address	Distance
Turkey Point Hotel	Restaurant	93 Cedar Dr	0.1 km
Turkey Point Provincial Park	Park	St Williams	1.1 km
Burning Kiln Winery	Store	1709 Front Rd	2.0 km
Normandale Century Store	Store	2326 Front Rd	2.6 km
Hidden Valley Resort Park Inc	Campground	Normandale	3.0 km
CHCD-FM	The station airs an Adult Contemporary format bran...		6.3 km
Walsh, Ontario	Walsh (formerly known as Charlotteville Centre) is...		9.5 km
Walsh Public School	Children of this school go to the Thompson Auditor...		9.5 km
Norfolk Board of Education	23 until the 1999-2000 school year)...		11.7 km
Port Rowan, Ontario	This lakeside community has a population of less t...		12.5 km
Saint Michael's School (Simcoe-Walsh)	It shares its status with Walsh Public School as a...		12.7 km
Long Point Biosphere Reserve	The area encompasses a rich mosaic of ecological s...		12.8 km

Similar Houses Stat in Turkey Point

We have found 6 Houses that closely match the specifications of the property located at 103 Cedar Drive with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 1,199,900 and 1,799,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N0E1T0 postal code area of Turkey Point Ontario Canada.

103 Cedar Drive mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 103 Cedar Drive. The current price of the property is $1,599,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,279,200. This would result in a monthly mortgage payment of $7,477 over a 25-year amortization period.

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