5 Beds 5 Bath

328 Erie Street, Central Elgin, ON N5L 1E3

Central Elgin N5L 1E3 Ontario

MLS: X12432834

$799,900

Added 2 hours ago | For Sale

Listed by: RE/MAX CENTRE CITY REALTY INC.

About Property

Welcome to a rare and exceptional opportunity in the heart of Port Stanleys vibrant beach community. This spacious, character-filled property offers incredible versatility with a renovated century home featuring 5 bedrooms and 4 bathrooms, plus two fully self-contained 2-bedroom cottages at the rear providing a total of 9 bedrooms and 7 bathrooms across the property. The main home was thoughtfully renovated between 2010-2014, blending timeless charm with key modern updates including plumbing, wiring, insulation, drywall, furnace, A/C, and a new roof in 2023. With three separate access points, the layout is ideal for extended families, multi-generational living, or income potential through rental or Airbnb. Inside, youll be welcomed by soaring 16-foot cathedral ceilings in the main living area, highlighted by dramatic catwalks above that lend both openness and architectural appeal. The oversized primary suite includes double closets and a spacious ensuite, while the country-style eat-in kitchen opens to a bright, window-wrapped sitting room. Enjoy enclosed porches on both levels, offering peaceful spaces to relax, entertain, or soak in the lake breeze all year long. At the back of the property, youll find two charming 2-bedroom, 1-bath cottages, each with strong seasonal rental potential, currently generating $500$600/week in the summer months. Live in the main house while earning income, or operate the entire property as a successful short-term rental hub. Located just minutes from the beach, marinas, shops, and restaurants and only 15 minutes to St. Thomas or 30 to London this unique property offers space, flexibility, and investment potential in one of Ontarios most desirable lakeside communities.

Features

  • House Style:Detached
  • Bathrooms:5
  • Land Size: 54.5 X 114
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:WILLIAM STREET
  • Basement:Unfinished , Unfinished
  • Possession Date:FLEXIBLE
  • Annual Property taxes: $4049
  • Bedrooms:5
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12432834

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