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Home ON Greater London Central Elgin
384 GEORGE STREET
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384 GEORGE STREET $1,499,900
$1,499,900
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384 GEORGE STREET
Central Elgin, Ontario N5L1H9

MLS® Number: X12229320
0
Bathrooms
-
Square Feet

Listing 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 (40715727)

Location Description

William

Property Summary

Property Type
Vacant Land
Storeys
1
Community Name
Rural Central Elgin
Land Size
198 x 201.94 FT|1/2 - 1.99 acres
Age Of Building
51 to 99 years
Annual Property Taxes
$5,087
Parking Type
No Garage
Time on REALTOR.ca
10 days

Building

Bathrooms
Total
0
Building Features
Features
Flat site, Paved yard
Foundation Type
Block, Wood/Piers
Architecture Style
Bungalow
Utilities
Utility Type
Cable (Installed), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Wood
Neighbourhood Features
Amenities Nearby
Beach
Parking
Parking Type
No Garage
Total Parking Spaces
12

Land

Lot Features
Frontage
198 ft
Land Depth
201 ft ,11 in
Other Property Information
Access
Public Road, Year-round access
Zoning Description
R1-67, R1-68
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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