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$ 749,900
Est. payment /mo
Price Dropped by $50K
328 ERIE STREET Central Elgin (port Stanley), ON N5L1E3
5 Beds
5 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $214
Subdivision Port Stanley
MLS® Listing ID X12432834
Bedrooms 5
Half Baths 1
Property Sub-Type Freehold
Source London and St. Thomas Association of REALTORS®
Property Description
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Fireplaces Number 1
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Virtual Tour https://tours.upnclose.com/304113
Listed by RE/MAX CENTRE CITY REALTY INC.