About 384 George Street
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
Features of 384 George Street
MLS® # | 40688641 |
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Price | $1,599,900 |
Bathrooms | 0.00 |
Acres | 0.91 |
Type | Land |
Sub-Type | Residential |
Status | Active |
Community Information
Address | 384 George Street |
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Area | Central Elgin |
Subdivision | Port Stanley |
City | Port Stanley |
County | Elgin |
Province | ON |
Postal Code | N5L 1H9 |
Amenities
Utilities | At Lot Line-Gas, At Lot Line-Hydro, Cable Connected, Cell Service, Electricity Connected, Fibre Optics, Natural Gas Connected, Street Lights |
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# of Garages | 0.00 |
Is Waterfront | No |
Waterfront | Lake Privileges, Lake/Pond |
Interior
Fireplace | No |
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Has Basement | No |
Exterior
Lot Description | Urban, Square, Ample Parking, Beach, City Lot, Hospital, Marina |
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School Information
Elementary | Kettle Creek Public School |
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High | Parkside, Central, St. Josephs |
Additional Information
Date Last Updated | April 20th, 2025 |
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Zoning | R1-67, R1-68 |
Listing Details
Office | HOWIE SCHMIDT REALTY INC. |
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