ON > Central Elgin > Rural Central Elgin
Central Elgin, ON N0L 2L0,5069 East RD
See all 11 photos
Central Elgin, ON N0L 2L0,5069 East RD
Central Elgin, ON N0L 2L0,5069 East RD
Central Elgin, ON N0L 2L0,5069 East RD
Central Elgin, ON N0L 2L0,5069 East RD
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
14
Dec
Mon
15
Dec
Tue
16
Dec
Max Ortoli

Max Ortoli

+1(416) 398-1111
$ 2,300,000
Est. payment /mo
Save
Active

5069 East RD Central Elgin, ON N0L 2L0

5 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Rural Central Elgin

MLS Listing ID X12564454

Style Bungalow-Raised

Bedrooms 5

Annual Tax Amount $6,027

Tax Year 2024

Property Sub-Type Detached

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.

Location

State ON

County Elgin

Community Rural Central Elgin

Area Elgin

Zoning RES

Rooms

Family Room No

Basement Full, Finished

Kitchen 1

Interior

Interior Features Solar Owned, Water Heater

Cooling Central Air

Inclusions SOLAR FIELD PANEL ON ROTATABLE CUFF & MICRO-FIT CONTRACT, Carbon Monoxide Detector, Dishwasher, Dryer, Refrigerator, Smoke Detector, Stove, Hot Water Tank Owned

Exterior

Exterior Feature Deck, Year Round Living

Parking Features Private

Garage Spaces 6.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 488.52

Lot Depth 515.4

Total Parking Spaces 8

Building

Building Age 31-50

Foundation Poured Concrete

Others

Senior Community Yes

Security Features Smoke Detector

ParcelsYN No

Listed by ROYAL LEPAGE TRILAND REALTY
Max Ortoli

Max Ortoli

+1(416) 398-1111

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of HomeLife/Romano Realty Ltd., Brokerage, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5069 East RD