5069 East Road, Central Elgin ON

About 5069 East Road

Prime 4.11-Acre Development Opportunity in Port Stanley. Rare chance to acquire one of the few remaining development parcels in Port Stanley. This 4.11-acre site offers approximately 3.5 acres of developable land, supported by completed Geotechnical, Archaeological, and Flora & Fauna studies, as well as Absolute Title. Buyers are encouraged to do their own due diligence. Situated directly north of Wastell s Watermark subdivision, the property offers excellent potential for future servicing, with possible connections nearby or at the road. Ideal for a mid-rise block, townhome community, or condominium development, with conceptual potential for 15 low-density lots or higher yields with a medium-density design. Adding immediate value, the property includes a well-maintained raised ranch home featuring a double-car garage, 5 bedrooms, 2 bathrooms, numerous updates, and a new well. A Micro-FIT solar contract is also included, generating steady income. Combined with reliable tenant rental income, the property currently produces approximately $28,000 annually, making it an attractive long-term hold while planning your development vision. This is truly one of the last available parcels in Port Stanley-a strategic and high-potential investment. Don t miss this exceptional opportunity. (id:56071). Get more information on 5069 East Road

Property Features

Appliances:  Water Heater, Dishwasher, Dryer, Stove, Refrigerator
Features:  Wooded area, Solar Equipment
Rental Equipment:  
Directions:  Cross Streets: SUNSET DRIVE. ** Directions: SUNSET DRIVE INTO PORT STANLEY, LEFT ONEAST ROAD.
Zoning Description:  RES
Interior Size:  700 - 1100 sqft
Lot:  488.5 x 515.4 FT 488.5 x 515.4 FT
Exterior Finish:  Brick, Vinyl siding
Water:  Drilled Well, Septic System
Heating / Cooling:   Natural gas / Central air conditioning
Age: 31 to 50 years
Foundation: Poured Concrete
Basement:  Full (Finished) Finished

Rooms & Sizes

Family room Lower level 4.57 m x 8.31 m	Bedroom Lower level 3 m x 3.25 m	Bedroom Lower level 3.05 m x 3.12 m
Games room Lower level 4.27 m x 6.22 m	Other Main level 3.96 m x 6.4 m	Dining room Main level 2.74 m x 3.66 m
Living room Main level 3.66 m x 4.88 m	Bedroom Main level 2.9 m x 2.59 m	Bedroom Main level 2.9 m x 3.96 m
Primary Bedroom Main level 4.48 m x 3.96 m