Home with vinyl exterior material, street for 328 Erie St, Central Elgin Ontario N5L 1E3
6 days on Market

328 Erie St, Central Elgin, Ontario N5L 1E3

Detached
5
5
~3500-5000 sqft
$799,900
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Detached
5
5
~3500-5000 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$194/sqft

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Description

Welcome to a rare and exceptional opportunity in the heart of Port Stanleys vibrant beach community. This spacious, character-filled property offers incredible versatility with a renovated century home featuring 5 bedrooms and 4 bathrooms, plus two fully self-contained 2-bedroom cottages at the rear providing a total of 9 bedrooms and 7 bathrooms across the property. The main home was thoughtfully renovated between 2010-2014, blending timeless charm with key modern updates including plumbing, wiring, insulation, drywall, furnace, A/C, and a new roof in 2023. With three separate access points, the layout is ideal for extended families, multi-generational living, or income potential through rental or Airbnb. Inside, youll be welcomed by soaring 16-foot cathedral ceilings in the main living area, highlighted by dramatic catwalks above that lend both openness and architectural appeal. The oversized primary suite includes double closets and a spacious ensuite, while the country-style eat-in kitchen opens to a bright, window-wrapped sitting room. Enjoy enclosed porches on both levels, offering peaceful spaces to relax, entertain, or soak in the lake breeze all year long. At the back of the property, youll find two charming 2-bedroom, 1-bath cottages, each with strong seasonal rental potential, currently generating $500$600/week in the summer months. Live in the main house while earning income, or operate the entire property as a successful short-term rental hub. Located just minutes from the beach, marinas, shops, and restaurants and only 15 minutes to St. Thomas or 30 to London this unique property offers space, flexibility, and investment potential in one of Ontarios most desirable lakeside communities.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3500-5000 SqFt
Lot Size6,213 SqFt(114 x 54.5)
Parking Spaces3
MLS ®NumberX12432834
Community NameCentral Elgin
Data SourceTRREB
Listing byRE/MAX CENTRE CITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Unfinished

Features

Lot size: 6,213 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Sep 29, 2025
ListedActive
$799,900
6 days on market
history photo preview21
Listing by trreb®
Property listed by RE/MAX CENTRE CITY REALTY INC., Brokerage
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Market Data - Central Elgin

Geo Zone Map ThumbnailCentral Elgin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

49 days

2023

39 days

2022

49 days

New Listings

Past 30 days

38 listings

Compared to

2024

33 listings

2023

56 listings

2022

46 listings

Units sold

Past 30 days

6 units

Compared to

2024

12 units

2023

27 units

2022

27 units

Median Sold Price

Past 30 days

$775,000

Compared to

2024

$724,500

2023

$747,000

2022

$615,000


Population and Demographics

Overview

Total population 15810
Average household income $127,633

Age (%)

0 to 19
21%
20 to 34
14%
35 to 49
18%
50 to 64
25%
65 and plus
23%

Household composition (%)

Single family
76%
Single person
22%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
94%
Others
5%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget