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$3,900,000
Available - For Sale
Listing ID: X12048895
Seize this exceptional investment opportunity! Set on a picturesque 2.99-acre property, the historic Clonmel Castle, originally built in 1929, is ready for redevelopment with approval for 12 units. Located in the charming tourist destination of Port Dover, this is truly a once-in-a-lifetime chance to secure a piece of history. Offering over 10,000 sq ft of meticulously restored space, Clonmel Castle showcases timeless craftsmanship and durable construction. Built in 1929 by Natco, the property features solid poured concrete with rebar, concrete ceilings, 8-inch walls and floors, cork insulation, and 9-foot ceilings in the basement. Its a testament to forward-thinking design. Inside, youll find 11 spacious bedrooms and eight luxurious spa-like bathrooms. The main floor includes elegant common areas such as a grand great hall, library, office, and dining room, all adorned with intricate woodwork, modern gas fireplaces, expansive windows, and pristine hardwood floors. A fully equipped commercial chefs kitchen adds even more appeal. This turnkey estate is perfect for visionary investors seeking to develop luxury condos or enjoy majestic personal living. Recent upgrades include fiber optic high-speed internet, a new furnace, renovated bathrooms, updated plumbing and electrical systems, refreshed paint, and a new commercial gas stove. Nestled amidst three acres of manicured gardens with rare trees and stunning views of Lynn River Falls, Clonmel Castle offers a serene yet convenient location. Current zoning allows for multiple uses, with approvals underway for condo development. Enjoy nearby walking trails, shops, theaters, churches, parks, and restaurantsall within walking distance. Situated just an hour from Hamilton and under two hours from Toronto, the property also boasts captivating views of Lynn Valley Falls across Tisdale Road. This exceptional opportunity wont last longClonmel Castle is ready for your vision!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $49,950 $99,900 $149,850 $199,800
First Mortgage $949,050 $899,100 $849,150 $799,200
CMHC/GE $26,098.88 $17,982 $14,860.13 $0
Total Financing $975,148.88 $917,082 $864,010.13 $799,200
Monthly P&I $4,176.49 $3,927.79 $3,700.49 $3,422.91
Expenses $0 $0 $0 $0
Total Payment $4,176.49 $3,927.79 $3,700.49 $3,422.91
Income Required $156,618.26 $147,292.17 $138,768.31 $128,359.19

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THE AGENCY

150 Prospect Stre , Norfolk, N0A 1N1, Norfolk


 
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Type: Com - Investment
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Port Dover
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Lot Size: x 485.00(Acres)
Approximate Age: 51-99
Tax: $13,308
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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