205 Orchard St, Central Elgin, N5L 1C4

Home Overview

Description

IMMEDIATE CLOSING! Offering an incredible opportunity to own one of the largest fully-serviced lots with a residential house included, and one that backs onto greenspace right in the heart of Port Stanley! Tucked away on a quiet dead-end street just steps from downtown, this charming 1.5-storey residential house offers 2 beds, 1 bath, fully serviced with gas, hydro and water. Key updates as of 2022 include: new 200 amp electrical panel, new gas meter, new water meter, and owned HWT ( new in 2021); Roof was reshingled in 2021. Low property taxes for being right in the heart of the downtown core, with steps to all amenities, and the Little Beach around the corner. Surrounded by nature, this is the perfect property for builders, renovators, and/or investors seeking a prime lakeside location. The residential house is grandfathered-in as a legal non-conforming Residential house in a mixed-use Commercial / Residential zoned community. So keep as much of the house as possible incl the foundation if you want to utilize it as your private residence or as an investment property. Purchase ideas: Purchase & hold it; Purchase to renovate/rebuild /resell; Purchase to add your favourite commercial business to the house & property, many options here! Lot can only be severed if the intended use of the severed lot is to build a mixed-use comm/res building to comply with the current B1 zoning such as: retail, business office, workshop, cafe, food svc, aesthetic salon, accessory uses etc. B1 has its advantages! Zoning info is available upon request. Survey is in the photos. The Seller will work with the Buyer within their reasonable capacity & knowledge. House is sold as-is. Book your showing asap to find out how you can transform this property into your ideal dream property!

3 months

On Market

Detached

Property Type

$4,226 / Year

Est. Taxes

1 1/2 Storey

Style

None

Garage

Full

Basement