$1,500,000
Available - For Sale
Listing ID: X12460627
3143 Colin Street , Malahide, N5H 2R2, Elgin
| Turnkey Investment Opportunity in the Heart of Port Bruce Prime Lakefront Location nesttled on the picturesque shores of Lake Erie, this exceptional investment property in the charming beach town of Port Bruce offers a rare combination of immediate income and long-term development potential. Property Highlights: Thriving Take-Out Food Stand, Currently leased and operating as a popular taco stand, this turnkey business adds a steady revenue stream right on-site. Two Detached, Year-Round Cottages, Fully equipped and consistently rented, with confirmed bookings extending into summer 2026, offering reliable and ongoing income from day one. Vacant Lot with Development Potential. Situated behind the cottages, this parcel still features the original cottage footprint, allowing for streamlined rebuild or redevelopment.The current owner has already secured municipal approval to expand the existing buildings up to three storeys, significantly increasing potential revenue for the savvy investor. Whether you're looking to expand short-term rental offerings, create a boutique resort experience, or hold a high-performing income property in a sought-after lakeside destination, the possibilities are wide open.Located just steps from the beach, local marina, and nature trails, this property places guests in the heart of Port Bruce's laid-back coastal lifestyle making it a magnet for tourists and vacationers alike. Don't miss this rare chance to own a piece of Port Bruce's waterfront charm with immediate cash flow and room to grow. |
| Price | $1,500,000 |
| Taxes: | $3738.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner+T |
| Address: | 3143 Colin Street , Malahide, N5H 2R2, Elgin |
| Postal Code: | N5H 2R2 |
| Province/State: | Elgin |
| Directions/Cross Streets: | Imperial Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Accommodation |
| Use: | Cabins/Cottages |
| Building Percentage: | T |
| Total Area: | 7567.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 100+ |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Employees #: | 0 |
| Washrooms: | 0 |
| Outside Storage: | T |
| Crane: | F |
| Heat Type: | Other |
| Central Air Conditioning: | No |
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| 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: | Com - Investment |
| Area: | Elgin |
| Municipality: | Malahide |
| Neighbourhood: | Port Bruce |
| Approximate Age: | 100+ |
| Tax: | $3,738 |
| Fireplace: | N |
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