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$749,900

Est. payment - /mo

5 Beds

5 Baths

Price Dropped by $50K

328 Erie ST Central Elgin, ON N5L 1E3

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Port Stanley

MLS Listing ID X12432834

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,049

Tax Year 2024

Property Sub-Type Detached

Lot Depth 114.0

Lot Front 54.5

Property Description

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.

Location

Province ON

County Elgin

Area Elgin

Rooms

Family Room Yes

Basement Unfinished

Kitchen 1

Interior

Interior Features Water Heater Owned

Cooling Central Air

Fireplaces Type Natural Gas, Living Room

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Porch, Porch Enclosed

Parking Features Private

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 54.5

Lot Depth 114.0

Total Parking Spaces 3

Building

Building Age 100+

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

Foundation Block, Brick

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Virtual Tour https://Tours.UpNclose.com/idx/304113

Listed by RE/MAX CENTRE CITY REALTY INC.

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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