Beds 0 Bath

384 George Street, Central Elgin, ON N5L 1H9

Central Elgin N5L 1H9 Ontario

MLS: X12424574

$1,399,900

Added 3 hours ago | For Sale

Listed by: Howie Schmidt Realty Inc

About Property

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

  • House Style:Vacant Land
  • Bathrooms:0
  • Land Size: 198 X 201.94
  • Water:
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:William/Front
  • Basement: ,
  • Possession Date:Imm. Sub Tenant
  • Annual Property taxes: $5087
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12424574

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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