$1,900,000
FOR SALE

Detached Bungalow-Raised

Bedrooms: 5Bathrooms: 2Lot: 488.52 x 515.4 ft
2024 Taxes: $6,027.1

5069 East Rd
Central Elgin, ON N0L 2L0 | Rural Central Elgin | Elgin

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.
Extras
Solar Owned, Water Heater
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Listed By ROYAL LEPAGE TRILAND REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12564454
Last Updated Apr 24, 2026
Property Summary
Property Type Detached

More like this:
PIN 352480435
Legal Description PT S1/2 LT 2 CON 2 YARMOUTH PT 1 11R4464; CENTRAL ELGIN
Taxes (2024) $6,027.1
Directions/Cross Streets SUNSET DRIVE
Neighbourhood Rural Central Elgin
Area Elgin
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 5
Bathrooms 2
Lot 488.52 x 515.4 ft
Exterior Brick
Air Conditioning Central Air
Basement Full, Finished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Septic
Water Drilled Well

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