ExtensionFor Sale

483 George Street
Central Elgin, Elgin, ON, N5L 1H1

Investment
TRREB
MLS® Number: X12419290
$1,374,900List Price
InvestmentProperty Type
22,314 sq ftSize
$5,539 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 483 George Street, Central Elgin, ON N5L 1H1

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Description

A One-of-a-Kind Investment Opportunity! Welcome to 483 George Street, a standout 5-unit rental property located in the prestigious Mitchell Heights neighbourhood of Port Stanley. Offering a fully operational investment opportunity, this property is perfect for those seeking immediate returns or investors looking to enter the high-demand short-term rental market.The property features five fully furnished suites, each with private entrances, and thoughtfully designed interiors that combine modern luxury with comfort. Every suite is equipped with gourmet kitchens, spa-inspired bathrooms, and high-end furnishings that create an inviting atmosphere for guests. The outdoor areas offer private seating spaces where guests can enjoy the peaceful ravine views and lush greenery surrounding the property. Additionally, there is an outdoor building currently used for storage with loads of potential. Whether you envision it as a common space for guests to enjoy or a separate unit/bunkie for additional rental income, the possibilities are endless. This property has a proven track record of high occupancy and continues to perform strongly in the Airbnb market. Guests are drawn to the serene setting, while also benefiting from the prime location just minutes from Port Stanleys beautiful beaches, downtown shops, and a variety of dining options. Whether guests are staying for a quick getaway or an extended stay, they appreciate the balance of tranquility and convenience. The property is metered on a single utility account, simplifying operations for the owner, and includes five dedicated parking spots for guest convenience. It is also zoned and licensed for short-term rentals, ensuring compliance and peace of mind for both the owner and renters. For investors or individuals seeking a prime income property in one of Port Stanley's most desirable neighbourhoods, this offering presents an exceptional opportunity. With its charm, strong financial performance, and location, its a must-see.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$5,539 / 2025
Listing #:X12419290
Property Type:Investment
Building Age:51-99
Size:22,314 sq ft
Land Size:60.18 x 374.57
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX CENTRE CITY REALTY INC.

Rooms

Details

Property

Property Type:Investment
Community:Rural Central Elgin
Municipality:Elgin

Building

Size:22,314 sq ft
Building Age:51-99

Inside

Bedrooms:0
Bathrooms:5
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open
Utility Sewer:Sanitary+Storm

Land

Cross Street:CARLOW ROAD

$1,374,900

List price

483 George Street, Central Elgin – Investment for sale · MLS® # X12419290 | CPRB