
328 Erie Street
Central Elgin (Port Stanley), ON N5L 1E3
- 5Bedrooms
- 5Bathrooms
- 3Garage
- 3500–5000Sq Ft
- $4,049Tax
- 55×114 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 328 Erie Street, Central Elgin, Port Stanley
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-09-29 | 2026-02-27 | Login to See Prices | Terminated | x12432834 |
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About 328 Erie Street, Central Elgin, Port Stanley
Summarized Description
- Renovated century home with modern updates.
- Includes two self-contained cottages for rental.
- Total of 9 bedrooms and 7 bathrooms.
- Soaring cathedral ceilings enhance living space.
- Strong seasonal rental potential for income.
- Minutes from beach, shops, and restaurants.
- Ideal for multi-generational living or Airbnb.
- New roof installed in 2023.
Welcome to a rare and exceptional opportunity in the heart of Port Stanleys vibrant beach community. This spacious, character-filled property offers incredible versatility with a renovated century home featuring 5 bedrooms and 4 bathrooms, plus two fully self-contained 2-bedroom cottages at the rear providing a total of 9 bedrooms and 7 bathrooms across the property. The main home was thoughtfully renovated between 2010-2014, blending timeless charm with key modern updates including plumbing, wiring, insulation, drywall, furnace, A/C, and a new roof in 2023. With three separate access points, the layout is ideal for extended families, multi-generational living, or income potential through rental or Airbnb. Inside, youll be welcomed by soaring 16-foot cathedral ceilings in the main living area, highlighted by dramatic catwalks above that lend both openness and architectural appeal. The oversized primary suite includes double closets and a spacious ensuite, while the country-style eat-in kitchen opens to a bright, window-wrapped sitting room. Enjoy enclosed porches on both levels, offering peaceful spaces to relax, entertain, or soak in the lake breeze all year long. At the back of the property, youll find two charming 2-bedroom, 1-bath cottages, each with strong seasonal rental potential, currently generating $500$600/week in the summer months. Live in the main house while earning income, or operate the entire property as a successful short-term rental hub. Located just minutes from the beach, marinas, shops, and restaurants and only 15 minutes to St. Thomas or 30 to London this unique property offers space, flexibility, and investment potential in one of Ontarios most desirable lakeside communities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,049
- Land Transfer Tax Fee
- $11,473
Rental Items
- Rental Equipment
- HWT
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Water Heater Owned
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas, Living Room
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch, Porch Enclosed
- Pool
- None
- Property Features
- Beach, Golf, Library, Marina, Park, School
- Other Structures
- Aux Residences
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Vinyl Siding, Wood
- Roof
- Asphalt Shingle
- Foundation Details
- Block, Brick
- Special Designation
- Unknown
Lot
- Lot Front
- 54.50 ft
- Lot Depth
- 114.00 ft
- Lot Size
- 6124.66
- Lot Shape
- Irregular
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 3
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 5
- Washrooms
- 5
- Kitchens
- 1
- Family / bonus room
- Yes
Washrooms
- 7-piece, Main
- 3-piece, Second
- 2-piece, Main
- 4-piece, Second
- 3-piece, Second
- Municipality
- Central Elgin
- Neighbourhood
- Port Stanley
- Main cross streets
- WILLIAM STREET
- Zoning
- R-1
- Directions
- HEADING SOUTH ON SUNSET RD, TURN RIGHT ON WARREN ST, LEFT ON CARLOW RD, TURN RIGHT ON ERIE STREET, JUST PAST WILLIAM ST, THE HOUSE WILL BE ON YOUR LEFT.
- Waterfront
- None
- MLS® number
- X12432834
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-02-27
- Listed on
- 2025-09-29
- Days on market
- 151 days
- Possession type
- Flexible
- Co-op commission
- 2%+HST-50% HOLDBACK IF INTRODUCED BY LA
- Seller
- Listed by
- RE/MAX CENTRE CITY REALTY INC.
Home Market Value
Current home valuation for 328 Erie Street, Central Elgin, Port Stanley, Central Elgin, ON. Listed for $749,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 328 Erie Street, Central Elgin, Port Stanley
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $249,900 over $500K
$49,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,986 | $20,922 | $17,848 | $0 |
=Total mortgage | $727,643 | $695,832 | $655,263 | $599,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,553monthly | $3,397monthly | $3,199monthly | $2,929monthly |
Land Transfer Tax
$11,473
$11,473
Around this home
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