483 George Street Central Elgin, Ontario N5L 1H1
$1,688,000
FOR SALE - Boutique 5-Unit Airbnb Investment Property in Port Stanleys Prestigious Mitchell Heights. An exceptional opportunity to own a fully turnkey short-term rental asset in the heart of Port Stanleys most sought-after neighbourhood. Nestled in the tranquil enclave of Mitchell Heights, this unique property features five fully furnished, self-contained suites, purpose-built for premium Airbnb hosting and high occupancy year-round. Each unit offers private entrances, upscale finishes, and thoughtfully designed interiors that blend comfort with modern elegance. Guests enjoy serene ravine views, lush treed surroundings, and walkable access to beaches, dining, and downtown charm. Property Highlights: Five individually metered, professionally designed suites, Proven rental income with established Airbnb presence, Private outdoor seating areas and scenic views, High-end furnishings, updated kitchens, and spa-inspired bathrooms, Zoned and licensed for short-term rentals, Ideal for investors seeking immediate cash flow and long-term appreciation. On site laundry, 5 parking spots and extra outbuilding! Whether you're expanding your portfolio or launching into vacation rentals, this rare offering combines boutique charm with solid financial performance. Dont miss your chance to acquire one of Port Stanleys most desirable income properties.Contact today for full financials, showing availability, and detailed suite specifications. (id:41954)
Property Details
| MLS® Number | X12237748 |
| Property Type | Multi-family |
| Community Name | Rural Central Elgin |
| Amenities Near By | Hospital |
| Features | Hillside, Wooded Area, Open Space, Wetlands, Dry, Hilly |
| Parking Space Total | 5 |
| Structure | Workshop |
| View Type | Valley View, View Of Water, Lake View |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Meter, Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Exterior Finish | Concrete |
| Foundation Type | Concrete, Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2000 - 2500 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital |
| Sewer | Sanitary Sewer |
| Size Depth | 367 Ft ,3 In |
| Size Frontage | 60 Ft ,7 In |
| Size Irregular | 60.6 X 367.3 Ft |
| Size Total Text | 60.6 X 367.3 Ft |
| Zoning Description | R1-6, 0s2-9 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 6.22 m | 9.46 m | 6.22 m x 9.46 m |
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Other | 7.08 m | 4.62 m | 7.08 m x 4.62 m |
| Basement | Bathroom | Measurements not available | ||
| Basement | Kitchen | 2.43 m | 2.83 m | 2.43 m x 2.83 m |
| Basement | Living Room | 4.62 m | 9.37 m | 4.62 m x 9.37 m |
| Main Level | Living Room | 4.52 m | 9.46 m | 4.52 m x 9.46 m |
| Main Level | Other | 7.08 m | 4.62 m | 7.08 m x 4.62 m |
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Bathroom | Measurements not available |
Utilities
| Cable | Installed |
https://www.realtor.ca/real-estate/28504578/483-george-street-central-elgin-rural-central-elgin
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June 21 2025 04:21:48
London and St. Thomas Association of REALTORS®
RE/MAX Advantage Realty Ltd.