ON > Central Elgin > Rural Central Elgin
Central Elgin, ON N0L2L0,5069 EAST ROAD
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Central Elgin, ON N0L2L0,5069 EAST ROAD
Central Elgin, ON N0L2L0,5069 EAST ROAD
Central Elgin, ON N0L2L0,5069 EAST ROAD
Central Elgin, ON N0L2L0,5069 EAST ROAD
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Huna Yoo

Huna Yoo

LPT Realty

+1(778) 322-6647
$ 2,300,000
Est. payment /mo
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Active

5069 EAST ROAD Central Elgin, ON N0L2L0

5 Beds

2 Baths

700 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $3,285

Subdivision Rural Central Elgin

MLS® Listing ID X12564454

Style Raised bungalow

Bedrooms 5

Property Sub-Type Freehold

Source London and St. Thomas Association of REALTORS®

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Lower level 4.57 m X 8.31 m Family room

Extra Room 2 Lower level 3 m X 3.25 m Bedroom

Extra Room 3 Lower level 3.05 m X 3.12 m Bedroom

Extra Room 4 Lower level 4.27 m X 6.22 m Games room

Extra Room 5 Main level 3.96 m X 6.4 m Other

Extra Room 6 Main level 2.74 m X 3.66 m Dining room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 1

Sewer Septic System

Architectural Style Raised bungalow

Others

Ownership Freehold

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Listed by ROYAL LEPAGE TRILAND REALTY
Huna Yoo
Huna Yoo

Founder of HUNA Real Estate Company | License ID: V98725

+1(778) 322-6647 | huna.yoo.22@gmail.com

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5069 EAST ROAD