104 Brown Street, Norfolk

$1,125,000
104 Brown Street

$1,125,000

New
21d
Detached2-Storey

104 Brown Street, Norfolk

Total Monthly Obligation $5,704

Beds
3
Baths
4
Park
4
Sqft
1500-2000
DOM
21d
Score
16
Yield
3.9%
Cash on Cash
-8.1%
Cap Rate
2.9%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-X13855806
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-51.33 × 141.07 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,487.04 (2026)
Parking-6 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Port Dover
Title-Residential Freehold

No agent assigned

Your own lake house in Port Dover. Set on one of the town's most desirable waterfront lots, this south-facing custom home offers panoramic Lake Erie views, exceptional privacy, and the kind of easy waterfront lifestyle that makes you want to stay for the weekend and never leave. Just a short walk to the beach, marina, restaurants, theatre, and downtown Port Dover, this is a rare opportunity to enjoy cottage-style living without giving up convenience. Fully updated and move-in ready, the home offers over 2,500 sq. ft. of finished living space and has been thoughtfully designed to keep the lake at the centre of it all. The principal living spaces and all three bedrooms overlook the water. On the main floor, expansive Pella sliding doors frame the lake and open directly onto a private waterfront deck, creating a seamless connection between indoors and out. The custom kitchen features integrated Miele appliances, vaulted ceilings, custom cabinetry, and generous storage, while hickory hardwood floors and a natural gas fireplace add warmth throughout. A main-floor bedroom suite with lake views, walk-in closet, and ensuite offers flexibility as a primary retreat, guest suite, or private home office. Upstairs, two spacious bedrooms capture incredible Lake Erie views through oversized corner windows, while a bright four-piece bathroom with heated floors and skylight completes the level. The professionally finished lower level offers additional space for guests, movie nights, or a recreation area, along with a three-piece bathroom, laundry room with Miele washer and dryer, engineered hardwood flooring, and spray foam insulation. Outside, mature cedar hedging, Japanese maples, cherry trees, armour stone shoreline protection, and outdoor seating areas create a private setting to relax, entertain, and take in the water. Whether you're looking for a weekend escape, a summer retreat, or a year-round home by the lake, this is Port Dover waterfront living without compromise.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$900,000
Land Transfer Taxes$18,975
Legal Fees (Est.)
$
Total cash required for closing$245,475

Total Monthly Obligation

$5,704/mo
Mortgage $4,538
Monthly Loss $4,509
Principal$1,194
Interest$3,344
Property Tax$791
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$44,400/yr
NOI
$25,973/yr
Net Cash Flow
-$2,374/mo
Cash Margin
-64.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 104 Brown Street

Time

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