331 Erie Street, Central Elgin, ON

Central Elgin, Port Stanley Hood
William
5 Br | 3 Bath | 2500-3000 Sqft
$949,900 For Sale

Property Overview

  • Triplex — 1 1/2 Storey
  • SqFt: | 2500-3000 Sqft
  • Lot Size: 66.00 x 132.00 Feet
  • Age: 100+ Years
  • Basement: Crawl Space, Unfinished
  • Exterior: Metal/Steel Siding
  • Taxes: 4,856 / 2026
  • Zoning: n/a
  • MLS #: X13106782
  • Sewer: Sewer
  • Heat Source: Gas , Forced Air

Property Description

6-7% CAP RATE! INVESTMENT PROPERTY! More unit potential!

Prime Village location just steps to Main Beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, the Kettle Creek PS, and year-round amenities. This grandfathered-in Triplex sits on a double residential lot with a low-maintenance steel-clad exterior, large detached double garage, and large backyard. Fully renovated in 2022 with new metal roof and siding, upgraded insulation, new windows/doors, new appliances, tile flooring, and refinished original hardwood.

Unit 1: ~1200 sq ft, 2 levels, 3 bright bedrooms, 1 modern bath with skylight, kitchen, laundry, dining room, and a spacious living room with water views. Unit 2: ~675 sq ft, open-concept living/eat-in kitchen, 1 bedroom, 3-pc bath, and in-unit laundry. Unit 3: ~750 sq ft, single level, large bedroom, den/living area, open eat-in kitchen with island, dining room, updated 4-pc bath, and sunroom entry.

Parking for 6 vehicles in the private triple driveway; two 100-sq-ft storage sections currently rented in the garage for extra income @$100 ea/month. Two units are tenanted year-round paying inclusive market rents; the third unit is ideal for owner use or STR guests for overall higher annual income. Property incl: 3 Hydro meters, 1 forced Air Gas Furnace, 1 HWT, electrical panel in garage with insulation and heat.

Survey and media available in listing. Contact your Realtor to book a showing. LA to be on-site for all showings.

3 Refrigerators, 3 Stoves (incl 1 gas & 2 electric), 3 washers, 3 dryers, 1 dishwasher, 2 rangehoods, 2 microwaves (incl 1 built-in)

Property Details

  • For: For Sale
  • Type: Triplex
  • Style: 1 1/2 Storey
  • Lot: 66.00 x 132.00 Feet
  • Region: Elgin
  • Hood: Port Stanley
  • Zoning: n/a
  • Lot Irreg: Fronting on: North
  • Fronting On: North

Building Details

  • Age: 100+ Years
  • Exterior: Metal/Steel Siding
  • Heat: Gas , Forced Air
  • A/C: Central Air
  • Interior Features: Carpet Free
  • Pool: None
  • Sewer: Sewer
  • Garage: Detached
  • Total Parking: 6.00
  • Driveway: Private Triple

Property Interior

  • Sqft: 2500-3000 Sqft
  • Bed: 5
  • Bath: 3
  • Kitchen: 3
  • Family Room: No
  • Basement: Crawl Space, Unfinished
Rooms Details

Foyer

Main Level

1.99 x 2.09

Tile Floor

Dining Room

Main Level

2.41 x 1.88

Kitchen

Main Level

2.35 x 2.44

Tile Floor

Living Room

Main Level

4.55 x 4.08

Hardwood Floor

Primary Bedroom

Second Level

4.36 x 3.93

Bedroom 2

Second Level

3.83 x 4.04

Family Room

Second Level

2.57 x 2.91

Bedroom 3

Second Level

3.03 x 2.72

Bathroom

Second Level

0 x 0

4 Pc Bath, Skylight

Living Room

Main Level

2.89 x 2.15

Dining Room

Main Level

3.26 x 2.1

Kitchen

Main Level

3.02 x 2.44

Bedroom 2

Second Level

3.23 x 3.87

Bathroom

Second Level

0 x 0

3 Pc Bath, Combined w/Laundry

Sunroom

Main Level

3.22 x 1.8

Living Room

Main Level

2.18 x 2.8

Dining Room

Main Level

3.26 x 2.1

Kitchen

Main Level

3.26 x 5.53

Den

Main Level

2.58 x 1.8

Bedroom

Main Level

4.87 x 2.29

Combined w/Laundry

Bathroom

Main Level

0 x 0

4 Pc Bath

Property Listed by: CENTURY 21 FIRST CANADIAN CORP
Virtual Tour: https://unbranded.youriguide.com/331_erie_st_port_stanley_on/

Home Valuation Estimate

What is 331 Erie Street, Central Elgin, ON worth in today’s Port Stanley, Central Elgin market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 5-bedroom Triplex with 2500-3000 sq. ft. in Port Stanley, Central Elgin. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

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Location

  • Address: 331 Erie Street
  • Neighborhood: Port Stanley
  • Zip/Postal Code: N5L 1E4
  • Nearby Amenities: Arts Centre, Beach, Lake Access, School Bus Route, Library
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About 331 Erie Street, Central Elgin, ON N5L 1E4, Central Elgin

Located at 331 Erie Street, Central Elgin, ON in Central Elgin (Port Stanley neighbourhood), near William. This freehold home offers Triplex, ["1 1\/2 Storey"], 5 bedrooms, 3 bathrooms and 2500-3000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Crawl Space, Unfinished • 6 parking spots • Garage: Detached • Heating: Gas Forced Air • Cooling: Central Air. Property taxes are approximately $4,856 for 2026. 6-7% CAP RATE! INVESTMENT PROPERTY! More unit potential! Prime Village location just steps to Main Beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, the Kettle Creek PS, and year-round amenities. This grandfathered-in Triplex sits on a double residential lot with a low-maintenance steel-clad exterior, large detached double garage, and large backyard. Fully renovated in 2022 with new metal roof and siding, upgraded insulation, new windows/doors, new appliances, tile flooring, and refinished original hardwood. Unit 1: ~1200 sq ft, 2 levels, 3 bright bedrooms, 1 modern bath with skylight, kitchen, laundry, dining room, and a spacious living room with water views. Unit 2: ~675 sq ft, open-concept living/e.

FAQs for 331 Erie Street, Central Elgin, ON , Port Stanley , Central Elgin

What are the listing details for 331 Erie Street, Central Elgin, ON?
331 Erie Street, Central Elgin, ON is a Triplex for sale in Central Elgin, in the Port Stanley neighbourhood, Elgin. The current list price is $949,900. MLS number: X13106782.
How many bedrooms and bathrooms does this home have?
331 Erie Street, Central Elgin, ON is listed as a Triplex with a ["1 1\/2 Storey"] style, featuring 5 bedroom(s) and 3 bathroom(s). The listed interior size range is 2500-3000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 66.00 x 132.00 Feet. The basement is listed as: Crawl Space, Unfinished. Garage type: Detached. Total parking: 6 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Forced Air. Cooling is listed as: Central Air. Exterior/construction materials are listed as: Metal/Steel Siding.
Where is this property located?
331 Erie Street, Central Elgin, ON is located in the Port Stanley neighbourhood of Central Elgin. The listed cross street is William.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $4,856 / 2026. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.