135 New Lakeshore Road, Norfolk

$1,099,900
135 New Lakeshore Road

$1,099,900

New
16d
DetachedBungalow

135 New Lakeshore Road, Norfolk

Total Monthly Obligation $5,335

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
16d
Score
16
Yield
3.9%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-X13878754
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-65.91 × 153.45 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,280 (2026)
Parking-7 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Facing-North
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Port Dover
Title-Residential Freehold

No agent assigned

This stone and brick 3 bedroom bungalow blends modern design with everyday comfort. You are just moments away from Lake Erie shores and Port Dover's renowned local restaurants, the celebrated Lighthouse Festival Theatre, the picturesque sandy beach, and bustling local marinas. Whether you enjoy boating or exploring, the recreational activities in Norfolk County are endlessly accessible. The home provides an easy commute to surrounding local towns and bigger cities, ensuring you are never far from major urban amenities and professional hubs. Stepping inside this 1,600+ sqft main-floor layout, you are greeted by a foyer that sets a tone. with gorgeous wainscoting, a striking coffered ceiling, and distinctively patterned tile flooring. Moving into the heart of the house, the open-concept living area is highlighted by a living room featuring a vaulted ceiling and a sleek, fluted accent wall complete with a cozy fireplace. The layout flows seamlessly into the kitchen space, equipped with a large central island featuring stone countertops and bar seating, high-end stainless-steel appliances including a gas range and double-door refrigerator, and beautiful modern pendant lighting. The home features three generously sized bedrooms and two full bathrooms. The primary suite serves as a peaceful sanctuary, complete with a spacious walk-in closet and a private ensuite bathroom. Functionality is further enhanced by a convenient main-floor laundry room, a walk-in pantry, and an attached 3 car garage. When it is time to unwind, the outdoor living space offers a fully screened-in covered patio complete with a ceiling fan for warm summer days and manicured back yard, which extends your living area outdoors. With an unfinished basement offering an additional space, this home holds incredible potential for future customization. 135 New Lakeshore Road truly delivers an Lakeside town lifestyle.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$5,335/mo
Mortgage $4,437
Monthly Loss $4,168
Principal$1,168
Interest$3,269
Property Tax$523
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.4/ 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
$42,396/yr
NOI
$27,376/yr
Net Cash Flow
-$2,155/mo
Cash Margin
-61.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.1/ 100

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

Comparables

Properties near 135 New Lakeshore Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.