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$799,900
Available - For Sale
Listing ID: X12432834
328 Erie Street , Central Elgin, N5L 1E3, Elgin


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.
Price $799,900
Taxes: $4049.00
Assessment Year: 2025
Occupancy: Tenant
Address: 328 Erie Street , Central Elgin, N5L 1E3, Elgin
Acreage: < .50
Directions/Cross Streets: WILLIAM STREET
Rooms: 16
Bedrooms: 5
Bedrooms +: 0
Family Room: T
Basement: Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 7 Main
Washroom Type 2 3 Second
Washroom Type 3 2 Main
Washroom Type 4 4 Second
Washroom Type 5 3 Second
Washroom Type 6 7 Main
Washroom Type 7 3 Second
Washroom Type 8 2 Main
Washroom Type 9 4 Second
Washroom Type 10 3 Second
Washroom Type 11 7 Main
Washroom Type 12 3 Second
Washroom Type 13 2 Main
Washroom Type 14 4 Second
Washroom Type 15 3 Second
Washroom Type 16 7 Main
Washroom Type 17 3 Second
Washroom Type 18 2 Main
Washroom Type 19 4 Second
Washroom Type 20 3 Second
Total Area: 0.00
Approximatly Age: 100+
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding, Wood
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Aux Residences
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
Property Features: Beach, Golf
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CENTRE CITY REALTY INC.
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At a Glance:
Type: Freehold - Detached
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Port Stanley
Style: 2-Storey
Lot Size: x 114.00(Feet)
Approximate Age: 100+
Tax: $4,049
Maintenance Fee: $0
Beds: 5
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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