Floor plan for 384 George St, Port Stanley Ontario N5L 1H9
7 days on Market

384 George St, Port Stanley, Ontario N5L 1H9

Detached
-
-
- sqft
$1,599,900
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Detached
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,871/mo

Tax Amount (2024)$5,087/yr

Days On Market7 days


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


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size39,984 Ac(201.94 x 198)
Parking Spaces-
MLS ®Number40688641
Community NameCentral Elgin
Data SourceITSO
Listing byHOWIE SCHMIDT REALTY INC.

Features

Lot size: 39,984 Ac
Sewer (Municipal)

Property listed by HOWIE SCHMIDT REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 15810
Average household income $127,633

Age (%)

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

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%

Schools and amenities

Estimated Budget