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485 Valley Street

Central Elgin, N5L 1G5·MLS® X13413420·

Listing courtesy of Royal Lepage Triland Realty·Updated 12 hours ago

2Beds
2Baths
1,100-1,500Sqft
51-99Year Built

Listing price

$729,350

Est. $3,474/mo

Days on market

2

Listed Jun 8, 2026

Description

Nestled in the heart of Port Stanley, this extraordinary property offers a rare investment opportunity: a meticulously maintained home on a beautiful double lot with severance potential-perfect for future development or expanding your private oasis. From the moment you arrive, true pride of ownership shines through. The bright, open-concept main floor is tailor-made for entertaining, seamlessly blending a spacious kitchen, dining area, and inviting sitting space, alongside a convenient powder room and laundry area. Upstairs, the comfort continues with two generous bedrooms, a full bath, and a cozy family room centered around a warm gas fireplace. Flooded with natural light, the upper level frames picturesque lake views and offers direct access to an elevated deck. Step outside to your choice of multiple decks-perfect for morning coffee or sunset wine while soaking in the tranquil lake breeze and scenery. Located just a short stroll from Erie Rest Beach and all of Port Stanley's boutique shops and dining, this home perfectly balances lake view charm with modern peace of mind (brand-new roof in June 2026, Furnace 2009). Don't miss your chance to own a true piece of paradise. Note: Separate lot taxes are $1,498.32 (2025).

Property details

Garage

1 car Detached

Basement

None

Parking

4 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$712,210Below Market
$668,449$755,971

82% confidence · 10 comparable sales analysed

Location & neighbourhood

Port Stanley

Central Elgin, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,474
Property tax$790
Insurance (est.)$152
Utilities (est.)$250
Total monthly$4,666

Land transfer tax

Ontario LTT

$11,062

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 8, 2026Listed
$729,350

Sold comparables nearby

152 MAUD Street, Central ElginSold

$810,000

152 MAUD Street, Central Elgin

3 bd·3 ba·1,500-2,000 sqft
417 Edith Cavell Boulevard, Central ElginSold

$490,000

417 Edith Cavell Boulevard, Central Elgin

3 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · Port Stanley

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$2,917

Rental yield

4.8%

Est. cash flow

-$1,749

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$174,969

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$712,210

Below Market

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