341 First Street · Port Stanley, N5L 1E3
MLS® X14086202
Listed Oct 15, 2026
Listing courtesy of Re/max Centre City Realty INC.·Listing last changed 4 days ago
Key facts
- Property type
- Detached
- Square footage
- < 700 sqft
- Lot size
- 43.44 × 95.35 ft · < 0.50 acres
- Age
- 100+ years
- Parking
- 3 spaces
- Property tax
- $2,677/yr (2025)
Description
RARE PORT STANLEY! - DETACHED BEACH COTTAGE WITH 3-CAR PARKING! Welcome to 341 First Street, a move-in-ready, year-round 2-bedroom cottage on a street with a proven, established short-term rental history right in the heart of this charming beachside community. This property delivers a massive premium that is highly sought-after steps from the sand: a deep driveway with dedicated parking for up to 3 vehicles. Inside, the inviting open-concept layout seamlessly connects the kitchen and the living area, which features a cozy gas fireplace adding warmth and character. Modern conveniences include a wall-mounted Split HVAC System for efficient heating and cooling, a 3-piece bathroom, and a stackable washer/dryer neatly tucked away. Outside, enjoy a charming front porch, a spacious front yard, and a rear deck perfect for summer barbecues that backs onto green space for exceptional privacy with no rear neighbors. A handy storage shed provides plenty of space for beach gear and seasonal items. Whether you are searching for an affordable personal year-round beach retreat, a highly profitable addition to your rental portfolio, or an effortless Airbnb setup, this property represents the absolute best value at the beach in Port Stanley.
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Property details
Interior
- Size
- < 700 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 3-piece on Main
- Basement
- None
- Heating
- Heat Pump
- Cooling
- Wall Unit(s)
Building & lot
- Type
- Detached, Bungalow
- Age
- 100+ years
- Lot size
- 43.44 × 95.35 ft · < 0.50 acres
- Exterior
- Wood
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private (3 spaces)
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $2,677/yr (2025)
Rooms
Main
- Living Room, Gas Fireplace
- 3.2 × 5.26 m
- Primary Bedroom
- 2.97 × 2.92 m
- Kitchen, Eat-in Kitchen
- 2.64 × 3.52 m
- Bathroom, 3 Pc Bath
- 2.51 × 1.64 m
- Bedroom 2
- 2.97 × 2.23 m
Estimated value range
$408K to $451K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Monthly paymentest. $2,577/mo all in
Monthly payment estimate
Land transfer tax$5,073 on closing
Ontario LTT
$5,073
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 15, 2026
Sold comparables nearby
Sold308 Selbourne Drive, Port Stanley
Sold307 Selbourne Drive, Port Stanley
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.5% of asking.
Avg. sold price
$729,000
Sale-to-list ratio
97.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $105,000 household income
Minimum household income required
$105,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
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Colin Abbot, Broker, Westwood Realty Team
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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