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FARHANG RAFII

Sales Representative
IPRO REALTY LTD., Brokerage Independently owned and operated. 1396 Don Mills Rd #101 Bldg E., Toronto, Ontario M3B 3N1 Cell: 647-606-4145Office: 416-364-4776Fax: 416-364-5556

$1,688,000
Available - For Sale
Listing ID: X12237748
483 George Stre , Central Elgin, N5L 1H1, Elgin


FOR SALE - Boutique 5-Unit Airbnb Investment Property in Port Stanleys Prestigious Mitchell Heights. An exceptional opportunity to own a fully turnkey short-term rental asset in the heart of Port Stanleys most sought-after neighbourhood. Nestled in the tranquil enclave of Mitchell Heights, this unique property features five fully furnished, self-contained suites, purpose-built for premium Airbnb hosting and 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, updated 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 and extra outbuilding! 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 Stanleys most desirable income properties.Contact today for full financials, showing availability, and detailed suite specifications.
Price $1,688,000
Taxes: $5505.00
Occupancy: Partial
Address: 483 George Stre , Central Elgin, N5L 1H1, Elgin
Directions/Cross Streets: George St & Carlow Rd
Rooms: 13
Rooms +: 5
Bedrooms: 4
Bedrooms +: 1
Family Room: T
Basement: Walk-Out, Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 14.83 31.03 Combined w/Primary, Combined w/Kitchen
Room 2 Main Other 23.22 15.15
Room 3 Main Bathroom
Room 4 Main Bathroom
Room 5 Second Living Ro 20.4 31.03 Combined w/Kitchen, Combined w/Primary
Room 6 Second Bathroom
Room 7 Second Bathroom
Room 8 Second Other 23.22 15.15
Room 9 Basement Living Ro 15.15 30.73 Combined w/Primary
Room 10 Basement Bathroom
Room 11 Basement Kitchen 7.97 9.28
Room 12 Basement Furnace R 14.99 9.28
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Multiplex
Style: 2-Storey
Exterior: Concrete
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 5
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Park #3
Parking Type: Other
Pool: None
Other Structures: Workshop
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Property Features: Golf, Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: Y
$
$ /Year
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$ /Year
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ADVANTAGE REALTY LTD.
Personal Picture
FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
416-364-4776
Fax:
416-364-5556
 
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At a Glance:
Type: Freehold - Multiplex
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Rural Central Elgin
Style: 2-Storey
Lot Size: x 367.28(Feet)
Approximate Age: 51-99
Tax: $5,505
Maintenance Fee: $0
Beds: 4+1
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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