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162 WILLIAM STREET, Port Stanley, Ontario, N5L1E4

162 WILLIAM STREET, Port Stanley, Ontario (ID 205945)
Representative
Brenda Creeden portrait
Brenda Creeden
Broker
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas
Cell: 519-495-4532
Tel: ST. THOMAS 519-633-1000 or PORT STANLEY 519-782-5505

$699,913 - For sale

ID#:205945

Welcome to the BEACH HOUSE! This freshly renovated 6-Unit Investment Property features 4 commercial units on the main floor and 2 very large luxury 3 bedroom residential units on the upper 2 floors, with lake views from the exterior deck (as well as harbour views from the 3rd level). Bigger than it looks, this property has over 11 useable rooms and 6 bathrooms. It even has its own parking lot right on the Port Stanley Strip where parking is a hot commodity. One of commercial units is currently rented, and the other 3 have just finished renovations. The two upper luxury 3 bedroom apartments (each with laundry) have been used as personal weekend get-away spots for the owner and rented on AIRBNB to generate additional income at over $1500/week each! Live in luxury right on the strip, open the store of your dreams in the summers and let the other units pay your mortgage! Appraised at $800,000 with a cap rate of 7.5 on potential income (full appraisal report avail upon request). (id:2471)

Location DescriptionTake Sunset into Port Stanley, turn right at the main lights and head over the lift bridge. Turn left onto William and head towards the beach. Property is on the right hand side

Property Details
  • Property Address:162 WILLIAM STREET, Port Stanley, Ontario, N5L1E4
  • Property Type:Retail
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Access:Boat access
Structure Details for 162 WILLIAM STREET, Port Stanley, Ontario, N5L1E4
  • Structure Style:Offices
  • Heating Type:Natural gas, Forced air
  • Exterior Type:Brick, Vinyl siding
Amenities for 162 WILLIAM STREET, Port Stanley, Ontario, N5L1E4
  • Amenities Nearby:Recreation
Representative
Brenda Creeden portrait
Brenda Creeden
Broker
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas
Cell: 519-495-4532
Tel: ST. THOMAS 519-633-1000 or PORT STANLEY 519-782-5505
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: PEAK PROFESSIONALS REALTY INC.

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162 WILLIAM STREET, Port Stanley, Ontario, N5L1E4

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