483 George St
Port Stanley, Central Elgin
$1,374,900
Buy with Dwelly and Save $13,749
Home Details
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Listing Description
A One-of-a-Kind Investment Opportunity! Welcome to 483 George Street, a standout 5-unit rentalproperty located in the prestigious Mitchell Heights neighbourhood of Port Stanley. Offering afully operational investment opportunity, this property is perfect for those seeking immediatereturns or investors looking to enter the high-demand short-term rental market.The propertyfeatures five fully furnished suites, each with private entrances, and thoughtfully designedinteriors that combine modern luxury with comfort. Every suite is equipped with gourmetkitchens, spa-inspired bathrooms, and high-end furnishings that create an inviting atmospherefor guests. The outdoor areas offer private seating spaces where guests can enjoy the peacefulravine views and lush greenery surrounding the property. Additionally, there is an outdoorbuilding currently used for storage with loads of potential. Whether you envision it as acommon space for guests to enjoy or a separate unit/bunkie for additional rental income, thepossibilities are endless. This property has a proven track record of high occupancy andcontinues 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 beautifulbeaches, downtown shops, and a variety of dining options. Whether guests are staying for aquick 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, andincludes five dedicated parking spots for guest convenience. It is also zoned and licensed forshort-term rentals, ensuring compliance and peace of mind for both the owner and renters. Forinvestors or individuals seeking a prime income property in one of Port Stanley's mostdesirable neighbourhoods, this offering presents an exceptional opportunity. With its charm,strong financial performance, and location, its a must-see.
Fridge x 5, Stove x5, OTR Microwave x 5, Washer/Dryer in basement, stackable washer/dryer imunit 5.
City: Central Elgin
Neighborhood: Port Stanley
Property History
Rooms
Room dimensions for 483 George St, Central Elgin
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 483 George St is 7240
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1374900 |
| Down Payment | $274980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1099920 |
Monthly Payment
| Mortgage Payment | $6778 |
| Property Taxes | $462 |
| Maintenance Fees | $0 |
| Monthly Payment | $7240 |
About 483 George St, Central Elgin
Located at 483 George St , this Central Elgin house is available for sale. This property was listed for $1,374,900 on Tue Sep 23 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 5 bathrooms. The property includes the following rooms: Bathroom, Kitchen, Br, Bathroom, Kitchen, Br, Bathroom, Kitchen, Br, Bathroom, Kitchen, Br, Bathroom, Kitchen, Living, Br. This property comes with 5 parking spots. 483 George St, Central Elgin is situated in the Port Stanley neighbourhood.
MLS#: X12421544 · $1,374,900 · 5 bedroom house in Port Stanley, Central Elgin