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5069 EAST ROAD, CENTRAL ELGIN
2025-11-20
Quick Summary
- Location
- 5069 EAST ROAD, CENTRAL ELGIN, Ontario N0L2L0
- Price
- $2,300,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 700 - 1100 sqft
- Bedrooms:
- 5
- Bathrooms:
- 2
MLS®#X12564454
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:32467)
Property Features
Building
- Appliances: Water Heater, Dishwasher, Dryer, Stove, Refrigerator
- Architectural Style: Raised bungalow
- Basement Development: Finished
- Basement Type: Full (Finished)
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Vinyl siding
- Fireplace: No
- Interior Size: 700 - 1100 sqft
- Building Type: House
- Stories: 1
- Utility Water: Drilled Well
Features
- Feature: Wooded area, Solar Equipment
Land
- Land Size: 488.5 x 515.4 FT
- Sewer: Septic System
Ownership
- Type: Freehold
Structure
- Structure: Deck
Zoning
- Description: RES
Information entered by ROYAL LEPAGE TRILAND REALTY
Listing information last updated on: 2025-11-21 14:22:33
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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