$1,200,000
Available - For Sale
Listing ID: X13556196
3143 Colin Street , Malahide, N5H 2R2, Elgin
| Welcome to the Village of Port Bruce. Nestled on the South Shores of Lake Erie. Located only 40 minutes South of the Highway 401 and 10 minutes South of the Town of Aylmer. This property is an Extremely Unique Property consisting of 2 Cottages, Take-out Food Stand and an Existing Lot. This turnkey investment opportunity featuring 2 Independent Cottages Both featuring 2 Bedrooms, Full Bathroom, Kitchen, Dining and Living room. Private Parking and side Deck for outside entertaining and enjoying those quiet lakeside evenings. Each cottage is a proven Cash Cow with Year-Round Revenue, Cottages in Peak Summer Revenue of $800 per week and Off Season revenue of $1800 Month Plus Utilities. The Food Stand is Leased for 2026 and 2027 seasons at $3500 Per Month, Plus Utilities (6 month season). Additional existing Lot offers valuable space for future developments, expansion or resale. This property is located Steps for the Beach, Pier, Park and Playground. Don't miss out on this RARE Lake Erie in Heart of Port Bruce package of Opportunity. |
| Price | $1,200,000 |
| Taxes: | $3968.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner+T |
| Address: | 3143 Colin Street , Malahide, N5H 2R2, Elgin |
| Postal Code: | N5H 2R2 |
| Province/State: | Elgin |
| Legal Description: | LOTS 54 & 55, PLAN 226; S/T E131863, E31 |
| Directions/Cross Streets: | IMPERIAL ROAD |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Use: | Cabins/Cottages |
| Building Percentage: | T |
| Total Area: | 7567.02 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Other |
| Central Air Conditioning: | No |
| Sewers: | None |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CENTRE CITY REALTY INC. |
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|
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Elgin |
| Municipality: | Malahide |
| Neighbourhood: | Port Bruce |
| Tax: | $3,968 |
| Fireplace: | N |
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