view of front facade featuring uncovered parking and stucco siding More Photos

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    For Sale - 483 George Street, Central Elgin, Ontario

    Est payment $6,815/mo
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    Time on Jump  84 day

    AI Summary *

    • Five fully furnished suites with private entrances for guest convenience.
    • Modern luxury interiors with gourmet kitchens and spa-inspired bathrooms.
    • Peaceful outdoor areas with seating and lush ravine views.
    • Strong track record in the high-demand short-term rental market.
    • Prime location near beaches, shops, and dining options.




    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 stanley's 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, it's a must-see.
    Listing IDX12421544
    Address483 George Street
    CityCentral Elgin, Ontario
    Price$1,374,900
    Bed / Bath5 / 5 Full
    Style2-Storey, Multiplex
    ConstructionStucco (Plaster)
    Land Size22314
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOutdoor Features Patio, PrivacyAmenities Beach, Golf, Library, Marina, Park, RavineOwnership FreeholdViews Pond, Trees/WoodsWaterfront NoneBasement Partial BasementFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  RE/MAX CENTRE CITY REALTY INC.
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    483 George Street
    Central Elgin , Ontario
    5 5 $1,374,900
    Get more info