For Sale

384 George Street, Central Elgin, Ontario N5L 1H9

$1,499,900

384 George Street, Central Elgin, Ontario N5L 1H9 is For Sale and has a listing price of 1,499,900. The property is located in the Central Elgin . It's been on the website for 2 Days.

  • Vacant Land
    Property Type
  • Parking
  • MLS ID: X12229320
  • Office Name Howie Schmidt Realty Inc
Property 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
  • MLS ID: X12229320
  • Price: $1,499,900
  • Lot Depth: 201.94
  • Transaction Types: For Sale
  • Ref ID: X12229320
  • View: Lake View, Mountain View, Valley View, View Of Water, View (panoramic)
  • Year Built: N/A
  • Dir / Cross St: William
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/18/2025 X12229320 $1,499,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Central Elgin
  • $1,276,014 Average List Price
    based on 1 year
  • 14 New Listings
    based on 30 days
  • 56 Median Days on Market
    based on 1 year
  • List vs. Selling Price 137.23 % Up
  • Sold (12mo) 98
  • Rented (12mo) 14

  • 1 Month Change +0.4%
  • 3 Month Change -17.6%
  • 6 Month Change -90.3%
Walkscore
  • 53 Walk Score
    Somewhat Walkable
  • 19 Bike Score
    Somewhat Bikeable
Additional Details
  • Style Bungalow
  • Garage Type Y
  • Parking Spaces: 12
  • Exterior Aluminum Siding
  • Kitchen Y
  • Parking Y
  • Taxes: $5,087
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate Sub Tenant
  • Listing Entry Date: 18/06/2025 15:21:13
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