205 Orchard Street, Central Elgin — For Sale in Central Elgin

About This Property

Now for sale at 205 Orchard Street in Central Elgin: a 2-bedroom, 1-bathroom detached listed at $366,000.

IMMEDIATE Possession available! Pretty rare these days to find a double lot backing onto greenspace, with incredible privacy under an arbour of trees, gorgeous hillside scenery, and a fully serviced residential house all in one for such an affordable price tag! And, right in the heart of the downtown core, yet off to the side on a quiet treed dead-end street, reminiscent of storybook settings. And around the corner from the Little Beach! This 1.5 storey house comes with these key updates as of 2022: 200 amp electrical panel, new gas meter, new water meter, and owned HWT ( new in 2021); Roof was reshingled in 2021. Low property taxes for being right in the heart of the downtown core, with steps to all amenities. A perfect property for builders, renovators, and/or investors seeking a prime lakeside location who have a vision to transform this double lot into something truly spectacular! Build up to 3 storeys here! It may be possible to see the Harbour from the 3rd level! The residential house is grandfathered-in as a legal non-conforming house in a mixed-use B1 zoning. Keep the foundation, if you want to keep the 'residential' component of the property and rebuilt or install a pre-fab or tiny home on the same footprint. And/or design a mixed-use building offering a residence AND your business on the same footprint or on the vacant portion of land. Many options here! 6 allowable uses under this zoning. Zoning info is available upon request. B1 has its advantages! More advantages here than owning a residential lot if you're looking for a private spa-like atmostphere pn a quiet dead-end street! . Survey is in the photos. Book your showing with your Realtor to discover how you can transform this dreamy location into your long term residential home with business advantages!

Property Specifications