For Sale

483 George Street, Central Elgin, Ontario N5L 1H1

$1,688,000

483 George Street, Central Elgin, Ontario N5L 1H1 is For Sale and has a listing price of 1,688,000. The property is located in the Central Elgin neighbourhood . It's been on the website for 48 Days.

  • Investment
    Property Type
  • 5
    Bedrooms
  • 5
    Bathrooms
  • MLS ID: X12237749
  • Office Name RE/MAX ADVANTAGE REALTY LTD.
Property Description

Boutique 5-Unit Airbnb Investment Property in Port Stanley’s Prestigious Mitchell Heights. An exceptional opportunity to own a fully turnkey short-term rental asset in the heart of Port Stanley’s most sought-after neighbourhood. Nestled in the tranquil enclave of Mitchell Heights, this unique property features five fully furnished, self-contained suites, purpose-built premium Airbnb hosting. 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, 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. 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 Stanley’s most desirable income properties. Contact today for full financials, showing availability, and detailed suite specifications.

Property Details
  • Bedrooms: 5
  • MLS ID: X12237749
  • Bathrooms: 5
  • Price: $1,688,000
  • Lot Depth: 367.28
  • Transaction Types: For Sale
  • Ref ID: X12237749
  • Year Built: N/A
  • Dir / Cross St: George St & Carlow Rd
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
06/21/2025 X12237749 $1,688,000 For Sale - -
06/21/2025 X12237748 $1,688,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Central Elgin
  • $1,184,148 Average List Price
    based on 1 year
  • 8 New Listings
    based on 30 days
  • 82 Median Days on Market
    based on 1 year
  • List vs. Selling Price 136.87 % Up
  • Sold (12mo) 83
  • Rented (12mo) 12

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 5
  • Garage Type Y
  • Parking Spaces: 6
  • Kitchen 5
  • Taxes: $5,055
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 21/06/2025 15:22:31
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