483 George Street, Central Elgin (Port Stanley) ON

About 483 George Street

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. (id:56071). Get more information on 483 George Street

Property Features

Appliances:  Dryer, Microwave, Stove, Washer, Refrigerator
Features:  Sloping, Ravine
Rental Equipment:  Water Heater
Directions:  CARLOW ROAD
Zoning Description:  R1-6 and OS2-9
Interior Size:  1500 - 2000 sqft
Lot:  60.2 x 374.6 FT ; 60.58 ft x 367.28 ft x 60.18 ft x 374.57 60.2 x 374.6 FT ; 60.58 ft x 367.28 ft x 60.18 ft x 374.57
Exterior Finish:  Stucco
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age: 
Foundation: Poured Concrete
Basement:  Partial

Rooms & Sizes

Kitchen Second level 2.53 m x 2.83 m	Bedroom Second level 6.63 m x 2.84 m	Bathroom Second level 1.68 m x 2.34 m
Kitchen Second level 1.78 m x 2.85 m	Bedroom Second level 5.88 m x 3.4 m	Bathroom Second level 2.43 m x 1.79 m
Bathroom Lower level 2.01 m x 2.54 m	Kitchen Lower level 4.02 m x 4.37 m	Living room Lower level 5.15 m x 4.28 m
Bedroom Lower level 3.58 m x 3.25 m	Bathroom Main level 1.49 m x 2.15 m	Kitchen Main level 2.53 m x 2.83 m
Bedroom Main level 4.74 m x 7.37 m	Bathroom Main level 1.48 m x 2.32 m	Kitchen Main level 2.41 m x 2.32 m
Bedroom Main level 6.76 m x 2.42 m