Approved infill development for 8 Townhomes that currently cash flows! Currently 8 Rental Units, sitting on almost one full acre of land in the heart of Port Stanley, Currently rented year round, long term, happy tenants. A rare investment opportunity. Buildings consist of the Main house Rented through Air BNB, open concept, 3 bedroom, gas furnace, central air, large carport. The Lodge is a 2 story cement block cottage, open concept main level, 2nd story loft for sleeping with separate entrance. 6 Small homes, one bachelor, and 5 one bedrooms. All 7 detached units are heated by gas space heaters, with own hydro panels and water heaters.. The property also sits on 3 lots 44, 45, 46 that were recently serviced when the Street was redone. Buyer to make own inquiries as to future uses for severances and zoning for this 8 unit, 3 lot, 198,x201.94' property. Financials, measurements and zoning information are available from your Realtor under the documents tab. Being sold in as is where is condition (id:47423)
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Detailed Information
Lot
198 x 202 ft
Amenities Nearby
Beach, Hospital, Marina
Communication Type
Fiber
Listing Contract Date
2025-01-08
Location Description
PLEASE USE GPS
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R1-67, R1-68
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Land
Total Size
0.91 acres
Access Type
Water access, Road access
Amenities
Beach, Hospital, Marina
Sewer
Municipal sewage system
Size of Irregular Land
0.91
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