New Listing
384 George Street , Port Stanley, ON N5L 1H9
Port Stanley, ON N5L 1H9
Description
Approved infill development for 8 Townhomes that currently cash flows! Currently 8 Rental Units, sitting on almost one full acre of land in the heart of Port Stanley, Currently rented year round, long term, happy tenants. A rare investment opportunity. Buildings consist of the Main house Rented through Air BNB, open concept, 3 bedroom, gas furnace, central air, large carport. The "Lodge" is a 2 story cement block cottage, open concept main level, 2nd story loft for sleeping with separate entrance. 6 Small homes, one bachelor, and 5 one bedrooms. All 7 detached units are heated by gas space heaters, with own hydro panels and water heaters.. The property also sits on 3 lots 44, 45, 46 that were recently serviced when the Street was redone. Buyer to make own inquiries as to future uses for severances and zoning for this 8 unit, 3 lot, 198,x201.94' property. Financials, measurements and zoning information are available from your Realtor under the documents tab. Being sold in as is where is condition
Details
| MLS# | 40688641 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 7 |
| Listing Provided By | HOWIE SCHMIDT REALTY INC. | Tony Schmidt |
Features
| Zoning | R1-67, R1-68 |
|---|---|
| Acreage | 0.91 |
| Water Front | Yes |
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Learn More About This Property
| State | ON |
|---|---|
| County | Elgin |
| City | Port Stanley |
| Zip Code | N5L 1H9 |
| Area | Central Elgin |
| Subarea | Port Stanley |
| Community Name | Port Stanley |
| School District | Parkside, Central, St. Josephs |
| Elementary School | Kettle Creek Public School |
| Listing VS Median (in Port Stanley) | |
Price: $1,599,900 low | high Med: $709,700 On Site: 7 low | high Med: 255.000000 | |