$1,399,900 $7,515 est/mo Sourced by Back At You

384 George Street,Port Stanley, ON N5L 1H9

Port Stanley ON, N5L 1H9

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Description

Super infill development that currently cash flows! Positive comments for 8 Townhomes! 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. Measurements and zoning information are available from your Realtor under the documents tab. Being sold in as is where is condition.

Details

MLS#40504564
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site213
Listing Provided ByHOWIE SCHMIDT REALTY INC. | Tony Schmidt

Features

ZoningR1-67, R1-68
Acreage0.91
Water FrontYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 53 seconds ago
ProvinceON
CountyElgin
CityPort Stanley
Postal CodeN5L 1H9
AreaCentral Elgin
SubareaPort Stanley
Community NamePort Stanley
School DistrictParkside, Central, St. Josephs
Elementary SchoolKettle Creek Public School
Listing VS Median (in Port Stanley)
Price:
$1,399,900
low | high
Med:
$734,900
97.503393099507% of Average
On Site:
213
low | high
Med:
150.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 5:00:10 PM PDT