$890,000
Est. payment $3,941/moCalculate yours
331 Erie Street, Central Elgin, ON N5L 1E3
Port Stanley, Central Elgin, ON N5L 1E3
- 5 Beds
- 3 Baths
- 4 Garage
- 2,000 Sq Ft
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP MLS® X13654564
About this home
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 -10×10′ 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.
Property details
Overview
- Property Type
- Triplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Sold Conditional
- Approximate Age
- 100+
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Full, Unfinished, Crawl Space
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Metal/Steel Siding
- Foundation
- Poured Concrete
- Roof
- Metal
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 66 x 132 Feet
- Parking
- Detached garage · 10 total
- Zoning
- R1
Financial
- Property Taxes
- $4,613 (2025)
Location
- Neighbourhood
- Port Stanley
- Cross Street
- William St
- Direction Faces
- North
Listing
- MLS® Number
- X13654564
- Days on Market
- 71
- Listed On
- 2026-08-08
- Listed By
- CENTURY 21 FIRST CANADIAN CORP
Rooms
Features
Interior
- Separate Hydro Meter
- Upgraded Insulation
Property
- Arts Centre
- Beach
- Lake Access
- Park
- School Bus Route
Pool
- None
- Included
- 3 Refrigerators, 3 Stoves (incl 1 gas & 2 electric), 3 washers, 3 dryers, 1 dishwasher, 2 rangehoods, 2 microwaves (incl 1 built-in)
- Excluded
- Tenants' possessions
- Rental items
- none
Mortgage calculator
Estimated mortgage payment
$3,941 per month
- Principal and interest
- $3,941
- Property tax
- $384
- Condo fees
- $0
- Estimated monthly cost
- $4,325
Your mortgage
- Mortgage amount
- $712,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $470,218
Cash to close
- Down payment
- $178,000
- Land transfer tax
- $14,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $192,275
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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