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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.
City: Central Elgin
Neighborhood: Port Stanley
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Apr 7, 2024 | 41 | $849,900 | N/A | Terminated | X8286868 |
Aug 2, 2023 | 90 | $789,900 | N/A | Expired | X7974289 |
May 31, 2023 | 61 | $999,900 | N/A | Expired | X7973780 |
Oct 29, 2022 | N/A | $150,000 | N/A | Sold | X7410816 |
May 20, 2009 | 51 | $179,000 | $100,000 | Sold | X7532466 |
May 31, 2007 | 122 | $229,900 | N/A | Expired | X7842632 |
Jul 7, 2006 | N/A | $325,000 | N/A | N/A | X943634 |
May 9, 2005 | 53 | $325,000 | N/A | Expired | X7831039 |
Sep 15, 2004 | 3 | $150,000 | $125,000 | Sold | X7484843 |
Purchase Price | $799900 |
Down Payment | $159980 |
Mortgage Insurance | $0 |
Total Mortgage | $639920 |
Mortgage Payment | $3943 |
Property Taxes | $337 |
Maintenance Fees | $0 |
Monthly Payment | $4281 |
Sold Comparables homes near 328 Erie St, Central Elgin
Located at 328 Erie St , this Central Elgin house is available for sale. This property was listed for $799,900 on Mon Sep 29 2025. This house's size is 3500-5000 Sqft. It has 5 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 3 parking spots. 328 Erie St, Central Elgin is situated in the Port Stanley neighbourhood.
MLS#: X12432834 · $799,900 · 5 bedroom house in Port Stanley, Central Elgin