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384 GEORGE Street

384 GEORGE Street

Port Stanley, Ontario

Vacant Land

$1,399,900

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

Price History

Property

Lot Size
0.91 acres

Schools

Elementary

  • Kettle Creek Public School0.9 km

    Public · Thames Valley DSB · 415 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 41% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5L

Population
3,714
Private dwellings
2,003
Median age
57.6
Average household size
2.2
Median household income
$89,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Port Stanley · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of vacant land properties in Port Stanley over the last 12 months.

Location

Mortgage Calculator

$279,980

Estimated Monthly Payment

$6,877

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,877/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $350/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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