$1,688,000
Available - For Sale
Listing ID: X12237749
483 George Street , Central Elgin, N5L 1H1, Elgin
| Boutique 5-Unit Airbnb Investment Property in Port Stanley's Prestigious Mitchell Heights. An exceptional opportunity to own a fully turnkey short-term rental asset in the heart of Port Stanley's most sought-after neighbourhood. Nestled in the tranquil enclave of Mitchell Heights, this unique property features five fully furnished, self-contained suites, purpose-built premium Airbnb hosting. High occupancy year-round. Each unit offers private entrances, upscale finishes, and thoughtfully designed interiors that blend comfort with modern elegance. Guests enjoy serene ravine views, lush treed surroundings, and walkable access to beaches, dining, and downtown charm. Property Highlights: Five individually metered, professionally designed suites, Proven rental income with established Airbnb presence, Private outdoor seating areas and scenic views, High-end furnishings, kitchens, and spa-inspired bathrooms, Zoned and licensed for short-term rentals, Ideal for investors seeking immediate cash flow and long-term appreciation. On site laundry, 5 parking spots. Whether you're expanding your portfolio or launching into vacation rentals, this rare offering combines boutique charm with solid financial performance. Dont miss your chance to acquire one of Port Stanley's most desirable income properties. Contact today for full financials, showing availability, and detailed suite specifications. |
| Price | $1,688,000 |
| Taxes: | $5055.00 |
| Tax Type: | Annual |
| Occupancy: | Partial |
| Address: | 483 George Street , Central Elgin, N5L 1H1, Elgin |
| Postal Code: | N5L 1H1 |
| Province/State: | Elgin |
| Legal Description: | PT LT 14 CON S OF LAKE RD SOUTHWOLD PT 1 |
| Directions/Cross Streets: | George St & Carlow 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: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2078.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 51-99 |
| Washrooms: | 5 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| RE/MAX ADVANTAGE REALTY LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Elgin |
| Municipality: | Central Elgin |
| Neighbourhood: | Rural Central Elgin |
| Approximate Age: | 51-99 |
| Tax: | $5,055 |
| Baths: | 5 |
| Fireplace: | N |
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