205 ORCHARD STREET|Central Elgin (Port Stanley), Ontario N5L1C4

  • Ontario
$ 366,000 3 days ago
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Property Description
Just in time for the summer- offering an IMMEDIATE CLOSING! An incredible opportunity to own one of the largest fully-serviced lots with a residential house included, and one that backs onto greenspace right in the heart of Port Stanley! Tucked away on a quiet dead-end street just steps from downtown, this charming 1.5-storey residential house offers 2 beds, 1 bath, fully serviced with gas, hydro and water. Key updates as of 2022 include: new 200 amp electrical panel, new gas meter, new water meter, and owned HWT ( new in 2021); Roof was reshingled in 2021. Low property taxes for being right in the heart of the downtown core, with steps to all amenities, and the Little Beach around the corner. Surrounded by nature, this is the perfect property for builders, renovators, and/or investors seeking a prime lakeside location. The residential house is grandfathered-in as a legal non-conforming Residential house in a mixed-use Commercial / Residential zoned community. So keep as much of the house as possible incl the foundation if you want to utilize it as your private residence or as an investment property. Purchase ideas: Purchase & hold it; Purchase to renovate/rebuild /resell; Purchase to add your favourite commercial business to the house & property, many options here! Lot can only be severed if the intended use of the severed lot is to build a mixed-use comm/res building to comply with the current B1 zoning such as: retail, business office, workshop, cafe, food svc, aesthetic salon, accessory uses etc. B1 has its advantages! Zoning info is available upon request. Survey is in the photos. The Seller will work with the Buyer within their reasonable capacity & knowledge. House is sold as-is. Find out how you can transform this property into your ideal dream property! (42838555)
Property Highlights
 2
 1
 3
 65.0316 m2
 House
 Single Family
 Freehold
  MLS Link

🍎 Essential Lifestyle & Services

Enjoy the perfect balance of lifestyle and connectivity. You're just moments away from top-rated supermarkets, cafes, schools, parks, and essential healthcare facilities. For commuters, you have easy access to both GO Transit and local bus routes, making this the perfect location for your lifestyle.

📍 205 ORCHARD STREET|Central Elgin (Port Stanley), Ontario N5L1C4
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$ 366,000

3 days ago
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Available: 0 Square Feet

0 Square Feet | $0.00 CAD (0%)
  • img Investment Type Onetime
  • img Profit $366,000.00 CAD
  • img Profit Schedule Onetime
  • img Capital Back Yes
  • img Profit Return After Investment Completion

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