384 George Street Port Stanley, Ontario N5L 1H9
$1,599,900
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 (id:47351)
Property Details
| MLS® Number | 40688641 |
| Property Type | Vacant Land |
| AmenitiesNearBy | Beach, Hospital, Marina |
| CommunicationType | Fiber |
Building
| BasementType | None |
| UtilityWater | Municipal Water |
Land
| AccessType | Water Access, Road Access |
| Acreage | No |
| LandAmenities | Beach, Hospital, Marina |
| Sewer | Municipal Sewage System |
| SizeDepth | 202 Ft |
| SizeFrontage | 198 Ft |
| SizeIrregular | 0.91 |
| SizeTotal | 0.91 Ac|1/2 - 1.99 Acres |
| SizeTotalText | 0.91 Ac|1/2 - 1.99 Acres |
| ZoningDescription | R1-67, R1-68 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/27780795/384-george-street-port-stanley
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January 08 2025 09:57:30
Kitchener-Waterloo Association of REALTORS®
Howie Schmidt Realty Inc.