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$2,300,000
Available - For Sale
Listing ID: X12564454
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.
Price $2,300,000
Taxes: $6,027.1
Occupancy by: Tenant
Address: 5069 East Road , Central Elgin, N0L 2L0, Elgin
Directions/Cross Streets: SUNSET DRIVE
Rooms: 12
Bedrooms: 5
Bedrooms +: 0
Washrooms: 2
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Other 12.99 20.99
Room 2: Main Dining Ro 8.99 12.00
Room 3: Main Living Ro 12.00 16.01
Room 4: Main Bedroom 9.51 8.50
Room 5: Main Bedroom 9.51 12.99
Room 6: Main Primary B 14.69 12.99
Room 7: Lower Family Ro 14.99 27.26
Room 8: Lower Bedroom 9.84 10.66
Room 9: Lower Bedroom 10.00 10.23
Room 10: Lower Game Room 14.01 20.40
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: Bungalow-Raised
Exterior: Brick
Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 2
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 700-1100
Property Features: Wooded/Treed
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
Utilities-Cable: A
Utilities-Hydro: Y
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ROYAL LEPAGE TRILAND REALTY

5069 East Road , Central Elgin, N0L 2L0, Elgin

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Rural Central Elgin
Style: Bungalow-Raised
Lot Size: x 515.40(Feet)
Approximate Age: 31-50
Tax: $6,027.1
Maintenance Fee: $0
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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