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
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Zillow last checked:
Listing updated:
Listed by:
Tony Schmidt, Broker of Record,
HOWIE SCHMIDT REALTY INC.
Source: ITSO,MLS®#: 40816176Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Features
Has fireplace: No
Property
Features
Waterfront features: Lake/Pond
Frontage type: South
Frontage length: 198.00
Lot
Size: 0.91 Acres
Dimensions: 198 x 201.94
Features: Urban, Square, Ample Parking, Beach, City Lot, Hospital, Marina
Topography: Dry,Hilly,Wooded/Treed
Details
Additional structures: Other
Parcel number: 253510186
Zoning: R1-67, R1-68
Utilities & green energy
Sewer: Sewer (Municipal)
Water: Municipal
Utilities for property: At Lot Line-Gas, At Lot Line-Hydro, Cell Service, Electricity Connected, Fibre Optics, Natural Gas Connected, Street Lights