ON > Central Elgin > Port Stanley
Central Elgin, ON N5L 1H1,483 George ST
Central Elgin, ON N5L 1H1,483 George ST
Central Elgin, ON N5L 1H1,483 George ST
Central Elgin, ON N5L 1H1,483 George ST
Central Elgin, ON N5L 1H1,483 George ST
Central Elgin, ON N5L 1H1,483 George ST
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Shaleni Henriquez

Shaleni Henriquez

Henriquez Home Group

+1(905) 462-9801
$ 1,374,900
Est. payment | /mo

5 Beds

5 Baths

Save Virtual Tour
$ 1,374,900
Est. payment | /mo
Save Virtual Tour

5 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Port Stanley

MLS Listing ID X12421544

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,539

Tax Year 2025

Property Sub-Type Multiplex

Property Description

A One-of-a-Kind Investment Opportunity! Welcome to 483 George Street, a standout 5-unit rentalproperty located in the prestigious Mitchell Heights neighbourhood of Port Stanley. Offering afully operational investment opportunity, this property is perfect for those seeking immediatereturns or investors looking to enter the high-demand short-term rental market.The propertyfeatures five fully furnished suites, each with private entrances, and thoughtfully designedinteriors that combine modern luxury with comfort. Every suite is equipped with gourmetkitchens, spa-inspired bathrooms, and high-end furnishings that create an inviting atmospherefor guests. The outdoor areas offer private seating spaces where guests can enjoy the peacefulravine views and lush greenery surrounding the property. Additionally, there is an outdoorbuilding currently used for storage with loads of potential. Whether you envision it as acommon space for guests to enjoy or a separate unit/bunkie for additional rental income, thepossibilities are endless. This property has a proven track record of high occupancy andcontinues 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 beautifulbeaches, downtown shops, and a variety of dining options. Whether guests are staying for aquick 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, andincludes five dedicated parking spots for guest convenience. It is also zoned and licensed forshort-term rentals, ensuring compliance and peace of mind for both the owner and renters. Forinvestors or individuals seeking a prime income property in one of Port Stanley's mostdesirable neighbourhoods, this offering presents an exceptional opportunity. With its charm,strong financial performance, and location, its a must-see.

Location

Province ON

County Elgin

Community Port Stanley

Area Elgin

Rooms

Family Room No

Basement Partial Basement

Kitchen 5

Interior

Interior Features Other

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Patio, Privacy

Pool None

Waterfront Description None

View Pond, Trees/Woods

Roof Type Metal

Topography Sloping

Lot Frontage 60.18

Lot Depth 374.57

Total Parking Spaces 5

Building

Unit Features Beach,Golf,Library,Marina,Park,Ravine

Foundation Poured Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Virtual Tour https://tours.upnclose.com/idx/294432

Listed by RE/MAX CENTRE CITY REALTY INC.

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Shaleni Henriquez

+1(905) 462-9801

shaleni@soldbyshaleni.com

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483 George ST

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