483 George Street, Central Elgin, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Port Stanley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,374,900 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.
- 0 Bedrooms and 5 Bathrooms
- Premium 60.18 x 374.57 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
A One-of-a-Kind Investment Opportunity! Welcome to 483 George Street, a standout 5-unit rental property located in the prestigious Mitchell Heights neighbourhood of Port Stanley. Offering a fully operational investment opportunity, this property is perfect for those seeking immediate returns or investors looking to enter the high-demand short-term rental market.The property features five fully furnished suites, each with private entrances, and thoughtfully designed interiors that combine modern luxury with comfort. Every suite is equipped with gourmet kitchens, spa-inspired bathrooms, and high-end furnishings that create an inviting atmosphere for guests. The outdoor areas offer private seating spaces where guests can enjoy the peaceful ravine views and lush greenery surrounding the property. Additionally, there is an outdoor building currently used for storage with loads of potential. Whether you envision it as a common space for guests to enjoy or a separate unit/bunkie for additional rental income, the possibilities are endless. This property has a proven track record of high occupancy and continues to perform strongly in the Airbnb market. Guests are drawn to the serene setting, while also benefiting from the prime location just minutes from Port Stanleys beautiful beaches, downtown shops, and a variety of dining options. Whether guests are staying for a quick getaway or an extended stay, they appreciate the balance of tranquility and convenience. The property is metered on a single utility account, simplifying operations for the owner, and includes five dedicated parking spots for guest convenience. It is also zoned and licensed for short-term rentals, ensuring compliance and peace of mind for both the owner and renters. For investors or individuals seeking a prime income property in one of Port Stanley's most desirable neighbourhoods, this offering presents an exceptional opportunity. With its charm, strong financial performance, and location, its a must-see.
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Property Summary
This investment located at 483 George Street, Central Elgin is currently for sale and has been available on SousaSells for 167 days. This property is listed at $1,374,900 with an estimated mortgage of $4,577* per month. It has 0 beds, 5 bathrooms, and is unknown square feet. 483 George Street, Central Elgin is in the Port Stanley neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Port Stanley, Central Elgin.
- •5 well-appointed bathrooms
- •Desirable Investment architecture in Port Stanley, Central Elgin
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
- Partial
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Central Elgin?
If you are looking for a house in Central Elgin or researching Central Elgin real estate for sale, this investment at 483 George Street, Central Elgin, ON offers an exceptional opportunity to buy a home in Central Elgin, Ontario. Whether you are a first-time Central Elgin home buyer or comparing active Central Elgin MLS® homes for sale, working with a dedicated Central Elgin buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Central Elgin realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Central Elgin Buyer Budget & Costs
Estimated mortgage: $4,577*/month*. Estimated Ontario Land Transfer Tax: $23,973. First-time Central Elgin home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Central Elgin
Frequently Asked Questions about 483 George Street, Central Elgin, ON
Q.What is the asking price for 483 George Street, Central Elgin, ON ?
The current listing price for 483 George Street, Central Elgin, ON in Port Stanley, Central Elgin is $1,374,900.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 5 bathrooms.
Q.What property type and architectural style is 483 George Street, Central Elgin, ON ?
483 George Street, Central Elgin, ON is a Investment () featuring a basement.
Q.What security features are installed at 483 George Street, Central Elgin, ON ?
Security features include: No, Partial .
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Port Stanley, Central Elgin
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 483 George Street, Central Elgin, ON N5L 1H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Central Elgin, ON
For a property listed at $1,374,900 in Central Elgin, the legal minimum down payment is $274,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,973 for this transaction. As this listing is in Central Elgin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,973.
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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.
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