The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Situated in the heart of downtown Port Dover, 331 Main St is a large mixed-use commercial property offering a sound investment opportunity in a prime lakeside community business location. This substantial semi-detached building with streetfront visibility, steady car and foot traffic and dual-street access spanning all the way back to St. George Street. In addition to the Public Parking lot next door and available street parking, there is the added bonus of a sizeable private parking lot off of St. George Steet for customers, staff and deliveries. The main level features 5,536 square feet of commercial space, currently rented by a well established retail store along with the expansive basement which provides functional storage space, a private office, kitchenette/staff room, and a washroom. The upper level houses two fully self-contained residential apartments, each with independent private entrances (at either end of the building), kitchens, dedicated in-suite laundry rooms, and private rooftop patio areas. The first upper unit boasts a spacious 3-bedroom, 1-bathroom layout, while the second unit offers a comfortable 1-bedroom, 1-bathroom configuration. This versatile property has had several recent updates and seamlessly combines steady commercial income with residential revenue in the downtown core of this popular lakeside community.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,314/mo
Mortgage (principal + interest)$5,911
Property taxFrom listing: $16,839/yr$1,403
Minimum 20% ($316,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$316,000
Ontario land transfer taxProvincial brackets, no first-time refund$28,075
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$346,875
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Norfolk has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
