331 Erie Street

Port Stanley

331 Erie Street
331 Erie Street
331 Erie Street
+35
5
 bed
3
 bath
8
 parking
2500 - 3000
 sqft
Triplex
$1,190,000
For Sale
51 days
 on site
$1,190,000
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Size
-
Lot size
-
Street frontage
-
Possession
2025-06-30
Price per sqft
$397 - $476
Taxes
$4,828.14 (2024)
Parking Type
-
Style
1 1/2 Storey
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Description
A 5% Cap Rate is achievable here! Welcome to your terrific income property in the heart of the Village with steps to the Main Beach! All amenities within walking distance of cafes, groceries, art galleries, live music venues, live theatre events, parks, schools, world class restaurants, and Port Stanley is open year-round! Grandfathered-in as a Triplex, fully tenanted with 3 great tenants on year-round leases. This very low-maintenance steel clad building & detached double car garage sits on a double lot with a large grassy backyard. Fully renovated in 2022 with all new metal on roof and siding, all new appliances, ungraded insulation, all new vinyl windows & doors, original hardwood flooring combined with new tile flooring. Unit 1 is approx 1200sf on 2 levels with 3 bright bedrooms & 1 modern bathroom with skylight on the upper floor, features a kitchen combined with laundry, and dining room, then opens up to a large living room with lots of natural light, front windows on both levels have water views. Unit 2 boasts approx 675sf with an open concept living room /eat-in kitchen area, with 1 bdrm, 3 pc bath & laundry upstairs. Unit 3 is larger than it looks, with almost 720sf on one floor with a den & living room at one end and a bedroom at the other end, with an open concept eat-in kitchen with island flowing into the dining room in the middle with enough space for a small lounge area to watch tv. A gorgeous 4 pc bath with new fixtures, tiles, and a pocket door. Enter this unit from the driveway /backyard into the sunroom. Parking available for all units with large double wide driveway for 6 vehicles, the double detached garage can be used as a garage but atm 2 interior 100sf sections are rented by 2 tenants as their storage for an extra $100/ month each. Contact LA for more info and book your showing as soon as possible! LA is to be onsite for all showings. Survey is available in the photos.
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X12167677
Property details
Parking:
8
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
1 1/2 Storey
MLS Size:
2500-3000 sqft
Lot front:
66 Ft
Lot depth:
132 Ft
Listed on:
May 23, 2025
Show all details
Rooms
LevelNameSizeFeatures
Second
Primary Bedroom
14.3 x 12.9 ft
Second
Bathroom
3.8 x 9.5 ft
Second
Primary Bedroom
10.6 x 12.7 ft
Show all
Instant estimate:
orto view instant estimate
$84,251
lower than listed price
i
High
$1,176,788
Mid
$1,105,749
Low
$1,075,668
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About 331 Erie Street

331 Erie Street is a Port Stanley triplex for sale. It has been listed at $1190000 since May 2025. This 2500-3000 sqft triplex has 5 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.