483 George Street

ActiveCentral Elgin · Port Stanley126 days on marketMLS® X12954382

$1,374,900

$62 / sq ft

Bedrooms0

Bathrooms5

Interior22,314 sq ft

Lot Size22,314 sq ft

TypeCommercial

ListingFor Sale

Days on Market126

About this property

A One-of-a-Kind Investment Opportunity! Welcome to 483 George Street, a standout 5-unit rental property located in the prestigious Mitchell Heights neighbourhood of Port Stanley. Offering a fully operational investment opportunity, this property is perfect for those seeking immediate returns or investors looking to enter the high-demand short-term rental market.The property features five fully furnished suites, each with private entrances, and thoughtfully designed interiors that combine modern luxury with comfort. Every suite is equipped with gourmet kitchens, spa-inspired bathrooms, and high-end furnishings that create an inviting atmosphere for guests. The outdoor areas offer private seating spaces where guests can enjoy the peaceful ravine views and lush greenery surrounding the property. Additionally, there is an outdoor building currently used for storage with loads of potential. Whether you envision it as a common space for guests to enjoy or a separate unit/bunkie for additional rental income, the possibilities are endless. This property has a proven track record of high occupancy and continues to perform strongly in the Airbnb market. Guests are drawn to the serene setting, while also benefiting from the prime location just minutes from Port Stanleys beautiful beaches, downtown shops, and a variety of dining options. Whether guests are staying for a quick getaway or an extended stay, they appreciate the balance of tranquility and convenience. The property is metered on a single utility account, simplifying operations for the owner, and includes five dedicated parking spots for guest convenience. It is also zoned and licensed for short-term rentals, ensuring compliance and peace of mind for both the owner and renters. For investors or individuals seeking a prime income property in one of Port Stanley's most desirable neighbourhoods, this offering presents an exceptional opportunity. With its charm, strong financial performance, and location, its a must-see.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12954382
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	22,314 sq ft
Lot Size	22,314 sq ft
Beds / Baths	0 bed · 5 bath
Neighbourhood	Port Stanley
City	Central Elgin
Postal Code	N5L 1H1
Province	ON
Listed Date	April 2, 2026
Days on Market	126
Price per Sq Ft	$62
Brokerage	RE/MAX CENTRE CITY REALTY INC.