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205 Orchard Street

Central Elgin, N5L 1C4·MLS® X13534680·

Listing courtesy of Century 21 First Canadian Corp·Updated Jul 9

For sale
1 / 21
2Beds
1Baths
700-1,100Sqft
51-99Year Built

Listing price

$366,000

Est. $1,743/mo

Days on market

18

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

$425,257Above Market
$354,725$649,000

74% confidence · 25 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Port Stanley

Central Elgin, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,743
Property tax$397
Insurance (est.)$76
Utilities (est.)$250
Total monthly$2,466

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

Jul 7, 2026Listed
$366,000

Sold comparables nearby

156 MAUD Street, Central ElginSold

$649,000

156 MAUD Street, Central Elgin

1 bd·1 ba·700-1,100 sqft
182 Emery Street, Central ElginSold

$725,000

182 Emery Street, Central Elgin

3 bd·3 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · Port Stanley

Buyer's marketBalancedSeller's market

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

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

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

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AI estimate

$425,257

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Real Estate Agent

519-859-4579 · colinabbot@gmail.com

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