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Rare investment opportunity in sought-after Port Stanley! This bright 3-bedroom, 2-bath corner condo is one of only six 3-bedroom units in the entire buildingmaking it a valuable, hard-to-find addition to any portfolio. Currently leased at $2,200/month with excellent tenants who would love to stay (lease ends Sept), this is truly a turnkey, hassle-free investment. Enjoy reliable cash flow in a vibrant community backing onto a golf course, with peaceful forest views from your private second-floor balcony. The building offers exceptional amenities: underground parking, storage locker, an outdoor pool, rooftop patio, gym, pickleball courts, and a park. A rare combination of strong rental demand, low-maintenance ownership, and long-term appreciation potential in one of Ontarios most desirable beach towns.
Fridge, stove, dishwasher, over the range Microwave, Washer, Dryer
City: Central Elgin
Neighborhood: Rural Central Elgin
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Mar 12, 2021 | 45 | $609,900 | $609,900 | Sold | X7789236 |
Purchase Price | $639000 |
Down Payment | $127800 |
Mortgage Insurance | $0 |
Total Mortgage | $511200 |
Mortgage Payment | $3150 |
Property Taxes | $364 |
Maintenance Fees | $460 |
Monthly Payment | $3974 |
Sold Comparables homes near 100 The Promenade St, Unit #210, Central Elgin
Located at 100 The Promenade St Unit #210, this Central Elgin condo is available for sale. This property was listed for $639,000 on Thu May 15 2025. This condo's size is 1200-1399 Sqft. It has 3 bedrooms and 2 bathrooms. Monthly maintenance is $460 per month and taxes are approximately $4,370 annually. Views are to the SouthWest from this property. Step outside onto the open balcony. The property's amenities include Bike Storage, Club House, Games Room, Gym, Outdoor Pool, Recreation Room. The property includes the following rooms: Primary, 2nd Br, 3rd Br, Kitchen, Living. This property comes with 1 parking spots. This property also comes with a locker. 100 The Promenade St, Central Elgin is situated in the Rural Central Elgin neighbourhood.
MLS#: X12150082 · $639,000 · 3 bedroom condo in Rural Central Elgin, Central Elgin