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Welcome to this remarkable 1 1/2 Storey triplex located in the coveted neighborhood of Port Stanley. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $890,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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Prime Village location just steps to Main Beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, the local Public School, and year-round amenities. This grandfathered-in Triplex sits on a double residential lot with a low-maintenance steel-clad exterior, large detached double garage, and large backyard, driveway parking for 6, and low taxes!! Fully renovated in 2022 with new metal roof and siding, upgraded insulation, new windows/doors, new appliances, tile flooring, and refinished original hardwood. Unit 1: ~1200 sq ft, 2 levels, 3 bright bedrooms, 1 modern bath with skylight, kitchen, laundry, dining room, and a spacious living room with water views. Unit 2: ~675 sq ft, open-concept living/eat-in kitchen, 1 bedroom, 3-pc bath, and in-unit laundry. Unit 3: ~750 sq ft, single level, large bedroom, den/living area, open eat-in kitchen with island, dining room, updated 4-pc bath, and sunroom entry. 2 -10x10' storage sections currently rented in the garage for extra income @$100 ea/month. Two units are tenanted year-round paying inclusive market rents; the third unit is ideal for owner use or STR guests for overall higher annual income. Property incl: 3 Hydro meters, 1 forced Air Gas Furnace, 1 HWT, electrical panel in garage with insulation and heat. Survey and self-directed iGuide Tour (media tab) are available in listing to view all units virtually. 24 hr notice to show the units, and tenants need to confirm. Do not speak to tenants directly. Contact your Realtor to book a showing. LA to be on-site for all showings as per tenants' request. Financials are available to buyers.
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This triplex located at 331 Erie Street, Central Elgin is currently for sale and has been available for 65 days. This property is listed at $890,000 with an estimated mortgage of $2,962* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 331 Erie Street, Central Elgin is in the Port Stanley neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Port Stanley, Central Elgin.
Growing families needing multi-bedroom flexibility and space in Port Stanley, Central Elgin.
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Real estate boards require a verified account to access this data — free and fast to join
Real estate boards require a verified account to access this data — free and fast to join
Real estate boards require a verified account to access this data — free and fast to join
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None listed
None listed
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No historical data available for this property.
This could be the first listing for this address.
This property at 331 Erie Street, Central Elgin, ON has closed. If you own a home on this street or nearby in Central Elgin, recent market trends and verified sold prices directly determine your home equity.
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The current listing price for 331 Erie Street, Central Elgin, ON in Port Stanley, Central Elgin is $890,000.
This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
331 Erie Street, Central Elgin, ON is a Triplex (1 1/2 Storey) featuring a Full, Unfinished, Crawl Space basement.
Key property features include: Arts Centre, Beach, Lake Access, Park, School Bus Route.
Interior highlights include: Separate Hydro Meter, Upgraded Insulation.
Yes, this property offers parking space for 10.0 vehicles (Detached).
Heating is provided via Gas and cooling via Central Air.
Port Stanley, Central Elgin
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 331 Erie Street, Central Elgin, ON N5L 1E3
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Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Port Stanley, Central Elgin.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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