$549,999
332 COLBORNE STREET
Beds
3
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Central Elgin. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Get in Port Stanley Just in time for the Summer! Solid 1 1/2 Storey Duplex. Great Investment opportunity. Located on a large lot with ample parking for 6. Lower unit consists of 2 bedrooms, in-suite laundry and forced air gas heating. Upper level is 1 bedroom with electric basement heating. Unfinished basement with developmental potential. Close to all the amenities, book your showing today to see all that Port Stanley has to offer! (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Rural Central Elgin
- Common interest
- Freehold
- Lot dimensions
- 66 x 132 FT
- Bedrooms
- 3 above grade
- Parking
- 2 total
- Stories
- 1.5
- On market
- Aug 25, 2025
- Status changed
- Apr 25, 2026
- Annual tax
- $2,502
- Photos
- 20
- MLS#
- X12363317
- Area
- CENTRAL_ELGIN
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.94%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,420
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.