485 Valley Street
Central Elgin, N5L 1G5·MLS® X13413420·
Listing courtesy of Royal Lepage Triland Realty·Updated 12 hours ago
Listing price
$729,350
Est. $3,474/mo
Days on market
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
82% confidence · 10 comparable sales analysed
Monthly payment estimate
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
Sold comparables nearby
Sold$810,000
152 MAUD Street, Central Elgin
Sold$490,000
417 Edith Cavell Boulevard, Central Elgin
See all 10 comparables
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Market conditions · Port Stanley
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
Affordability
Minimum household income required
$174,969
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$712,210
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