162 Willam Street

162 Willam Street

Port Stanley, Ontario, N5L1E4, Canada

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Approx. price(Aug 2019):

$699,913

Building type: House
Building style: Detached
Storeys: 2,5
Land Size: under 1/2 acre
Bathrooms: 6
Bedrooms: 10
Cooling: None
Heating Type / Fuel: Forced air (Natural gas)
Basement / Features / Type: / / None (Unfinished)
Exterior: Brick, Vinyl siding
Fireplace: / Gas (Other - See remar

Property Description

House for sale in Port Stanley located in 162 Willam Street , Ontario, N5L1E4, Canada. This House have 10 bedrooms and 6 bathrooms. This property listing building style is Detached. For all the rest of the information we have about this property in Port Stanley , see above.

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 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).

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162 Willam Street, Port Stanley, Ontario, N5L1E4, Canada