$1,499,900
9.35 BTC
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384 George Street, Central Elgin
$1,499,900
PRICE
0
BEDROOMS
0
BATHROOMS
X12229320
MLSID

384 George Street, Central Elgin

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
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Summary

Address
384 George Street
MLSID
X12229320
Property Type
Vacant Land
Property Category
Zoning
R1-67, R1-68
Taxes (Annual)
$5,087.00
Tax Year
2024
Published
June 18, 2025
Days on Market
51 Days
Possession Type
Flexible
Possession Details
Immediate Sub Tenant
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Details

Property Features
Beach, Lake Access
Parking Spaces
12
Parking Total
12
Parking Features
Available
Architectural Style
Bungalow
Roof
Asphalt Shingle, Other
Construction Materials
Aluminum Siding, Board & Batten
Lot Size
1 Acres
Lot Width
198 Feet
Lot Depth
202 Feet
Water
Municipal
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with Howie Schmidt Realty Inc
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