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1040 BAY Street
homes for sale · Port Rowan
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$949,900

1040 BAY Street

Port Rowan · MLS® 40860307

8710

4,500 sq ft · House · Single Family · built 1910 · 51 days on market

listed by Tommy Land, RE/MAX Erie Shores Realty Inc. Brokerage

realtor's description

A Truly Iconic Port Rowan Property! Welcome to 1040 Bay Street, a legendary home and business opportunity in the heart of beautiful Port Rowan. Situated on an ovrszd 101' x 172' lot, this remarkable property offers a rare combination of historic charm, commercial potential, and an unbeatable DT location. Set along Port Rowan’s Main Street, you are just steps from the village’s shops, restaurants and amenities, with an easy stroll through DT to the pier, lighthouse and shores of Lake Erie. Originally constructed in 1910, this gorgeous Southern-style home is rich with character and timeless details, offering a wonderful glimpse into years gone by. Mature trees frame the circumference of the property, providing shade, privacy and beauty throughout the expansive gardens and grounds. The property consists of two distinct components, making it ideally suited for cont'd use as a home and B&B. The original two-storey residence features a welcoming reception area, a spacious living/dining area, kitchen and separate study on the main flr. Upstairs offers 3 bdrms, 1 bath and a bonus room, while the large attic presents an exciting opportunity for additional finished living space or future expansion. Connected to the main residence is a separate accommodation wing constructed in the early 80s featuring 4 bdrms, each with its own ensuite bathroom—an ideal setup for accommodating guests and taking advantage of the strong tourism appeal of Port Rowan and the surrounding Long Point area. A partially finished bsmnt provides additional living space, laundry facilities and excellent utility. Outside, the oversized lot is a defining feature, offering an abundance of room, mature landscaping and endless possibilities rarely found in a DT setting. Whether you're looking to cont' the B&B operation, create a unique live/work prprty, or bring your own vision to one of PR’s most recognizable historic homes, 1040 Bay Street is an exceptional opportunity to own a piece of Port Rowan history.

property details

type
House, Single Family
bedrooms
8
bathrooms
7
living area
4,500 sq ft
parking
10
year built
1910
property tax
$5,209 / yr
days on market
51
MLS®
40860307

features

  • Paved driveway
  • School Bus

monthly cost

$4,573/mo
Mortgage $4,139 · Tax $434

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,139/ monthly
loan $759,920
25-year amortization
total interest
$481,667
cash to close
$189,980
down payment; transfer tax and fees not included
total paid
$1,241,587

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Port RowanGoogle Maps ↗

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listed by
Tommy Land
RE/MAX Erie Shores Realty Inc. Brokerage
call Tommy · 519-410-3339
Powered by: REALTOR.ca
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location

Port RowanGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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