$699,900

230 Colborne Street

Port Stanley ON, N5L 1C1

Description

Tremendous Opportunity! Multi-use property with 3 residential units with deck and 1 commercial/retail storefront. Total 5 bed, 5 bathrooms. Investors, would be great addition to your portfolio or owner occupy. All work completed professionally. Spacious open 2-bedroom top suite with deck sure to impress, redone in 2017. New back suite 1-bedroom addition in 2018, 2-bedroom suite renovated 2020. All new windows 2019. New patio roof 2019. Private backyard and ample parking. Minutes to the Marina, Little Beach, Downtown Shops, Eateries, Theatre, Harbour, and Main beach. With a CAP Rate higher than 18% percen, there arent many comparable properties on the market. You wont be disappointed!

Details

MLS#40032104
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site16

Features

SQ Feet2,408
Units4
Building(s)1
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Area Information
ProvinceON
CountyElgin
CityPort Stanley
Postal CodeN5L 1C1
AreaCentral Elgin
Listing VS Median (in N5L 1C1)
Price:
$699,900
low | high
Med:
$699,900
50% of Average
SqFt:
2,408
low | high
Med:
2,408
50% of Average
$ / SqFt:
$291
low | high
Med:
$291
50% of Average
On Site:
16
low | high
Med:
16
100% of Average
Listing Updated: 10/23/2020
RAHIM CHARANIA LogoMLS Number: 40032104
Listing Provided By:
RAHIM CHARANIA  of  THE REALTY FIRM INC.
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