Primary photo of 384 GEORGE Street, Port Stanley
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Vacant Land For Sale

$1,399,900

MLS® Number: 40816176

Land Size

0.91

384 GEORGE Street, Port Stanley, Ontario

About This 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

Property Details

Interior Details

Basement

None

Building & Exterior

Number Of Units Total

0

Land & Location

Frontage Length

198.0 feet

Lot Size Area

0.91 acres

Lot Size Dimensions

0.91

Postal Code

N5L1H9

Subdivision Name

Port Stanley

Utilities & Services

Utilities

Natural Gas, Electricity

Listing & Financials

Listing Office

HOWIE SCHMIDT REALTY INC.

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($279,980)
5.5%
25 Years

Estimated Monthly Payment

$6,877

Principal and interest only. Actual rates may vary.

Location & Map

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