348 Erie Street, Central Elgin, ON

$499,900
MLS#:X12870744
3 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Port Stanley. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 75.27 x 83.09 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

The quaint beach community of Port Stanley offers the unique opportunity for your very own treetop oasis! This one-of-a-kind destination is appealing to those seeking a short-term getaway or family destination, merely steps from the beach & beautiful shores of Lake Erie. This high demand, income generating property with proven success & approximately 50K of annual revenue provides the best of BOTH worlds for those eager to acquire a vacation home while maintaining the opportunity to generate rental income when not occupied for yourself. Breathtaking, panoramic views of Main Beach to the South Little Beach to the East, this property will captivate each visitor. A peaceful retreat, perched amongst the trees, this slice of paradise includes bright, oversized windows overlooking a newly built deck where you'll experience the soundtrack of waves & spectacular water vistas. Plenty of seating in the dining area ensures a crowd can be hosted with ease. A functional kitchen includes fully updated finishes with chic new cabinetry, stylish new appliances, laundry & access to side yard. Generous living room includes three large patio sliders with gorgeous views of the lake & cozy wood burning fireplace. Primary bedroom includes multiple bright windows & private ensuite with free standing tub. Head upstairs to discover two additional bedrooms as well as updated 3PC shower. Significant renovations completed including updated Northstar windows, luxury vinyl plank flooring, drywall, paint, metal roof, deck & AC. Lower level is ready for your finishing touches, currently roughed in with electrical & plumbing to complete a self-contained studio apartment or added living space. Deeded parking (located on Sydenham) includes space for two vehicles as well as storage shed, just steps away. A short walk brings you to the beach as well as many of Port Stanley's amazing restaurants & amenities. Truly a destination to appreciate with great appeal to enjoy as an income generating retreat!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date3/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBoard & Batten
Lot Size75.27 × 83.09 Feet
CountyElgin
Annual Tax$3,248.39
Legal DescriptionPT LT 13 S/S ERIE ST, 14 S/S ERIE ST PL 117 PORT STANLEY AS IN E267139 EXCEPT THE EASEMENT THEREIN; CENTRAL ELGIN

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Clear View, Cul de Sac/Dead End, Lake/Pond, Marina, Rolling

Community Features

Location

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348 Erie Street, Central Elgin, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Port Stanley, Central Elgin.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$680,237

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Port Stanley
PublicCarlow Road, Central Elgin, Ontario, N5L 1C5
6.1

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 348 Erie Street, Central Elgin, ON N5L 1E3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$399,920
Monthly Mortgage$2,324
Property Tax (Est.)$271
Utilities & Maint.$350
Total Monthly Cost$2,945

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Central Elgin.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.