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$1,374,900
Ontario,Central Elgin (Port Stanley)
For Sale Active
483 GEORGE STREET, Central Elgin (Port Stanley), Ontario N5L1H1
  • 5
  • 5
  • 1500 - 2000Square Feet
Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12954380
  • Price: $1,374,900
  • Bedrooms: 5
  • Bathrooms: 5
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 47254
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Partial
  • Parking: No Garage
  • Exterior Features: Stucco
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Central Elgin (Port Stanley), N5L1H1
  • Street: George
  • Street Number: 483
  • Street Suffix: Street
  • Longitude: W82° 46' 18.1''
  • Latitude: N42° 39' 55.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 60.2 x 374.6 FT ; 60.58 ft x 367.28 ft x 60.18 ft x 374.57
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5539
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Listing updated: 2026-04-22 20:43:53
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Listing Information
  • List Agent Key: 1995573
  • List Office Key: 47254
  • Modification Timestamp: 2026-04-03T00:30:15Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-04-03T00:21:53Z
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Listing updated: 2026-04-22 20:43:54
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