205 Orchard Street
Central Elgin, N5L 1C4·MLS® X13534680·
Listing courtesy of Century 21 First Canadian Corp·Updated Jul 9
Listing price
$366,000
Est. $1,743/mo
Days on market
Listed Jul 7, 2026
Description
IMMEDIATE Possession available! Pretty rare these days to find a double lot (76' x 100'), with incredible privacy under an arbour of trees, gorgeous hillside scenery, and a fully serviced residential house all in one for such an affordable price tag! And, right in the heart of the downtown core, yet off to the side on a quiet treed dead-end street, reminiscent of storybook settings. With a quick walk around the corner to the Little Beach this 1.5 storey house comes with these key updates as of 2022: 200 amp electrical panel, new gas meter, new water meter, and owned HWT (new in 2021); Roof was reshingled in 2021. Low property taxes for being right in the heart of the downtown core, with steps to all amenities. Take full advantage of this large lot to build your dreamhome via prefab, new build, or tiny home on this existing residential footprint, and / or build a 2nd building with a business on the main floor & residential above, build up to 3 storeys here! - and right up to the lot lines! Many options on this large parcel! 6 allowable uses under this zoning. Zoning info is available upon request. B1 has its advantages! More advantages here than owning a residential lot if you're looking for a private "boutique" spa-like atmostphere on a quiet dead-end street!. Survey is in the photos. Book your showing with your Realtor to discover how you can transform this dreamy location into your long term residential home with business advantages!
Property details
Basement
Full, Unfinished
Parking
3 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
74% confidence · 25 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$3,965
First-time rebate
−$3,965
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$649,000
156 MAUD Street, Central Elgin
Sold$725,000
182 Emery Street, Central Elgin
See all 10 comparables
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Market conditions · Port Stanley
Avg. sold price
$542,333
Sale-to-list ratio
96.6%
Based on 6 recent comparable sales near this home.
Investment analysis
Est. monthly rent
$1,464
Rental yield
4.8%
Est. cash flow
-$1,002
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$92,462
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$425,257
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Real Estate Agent
519-859-4579 · colinabbot@gmail.com
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