331 Erie Street, Central Elgin, ON N5L 1E3
Port Stanley, Central Elgin · Near William St · View map
About this home
Prime Village location just steps to Main Beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, the local Public School, 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, driveway parking for 6, and low taxes!! 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. 2 -10x10' 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 self-directed iGuide Tour (media tab) are available in listing to view all units virtually. 24 hr notice to show the units, and tenants need to confirm. Do not speak to tenants directly. Contact your Realtor to book a showing. LA to be on-site for all showings as per tenants' request. Financials are available to buyers.
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 21
- Basement
- Full, Unfinished, Crawl Space
- Lot size
- 66 x 132 ft
- Faces
- North
- View
- Skyline, Clear, Trees/Woods, Water
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Metal/Steel Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 4
- Driveway spaces
- 6
- Total parking
- 10
- Parking features
- Private Double
Taxes & other
- Property taxes
- $4,613/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- William St
- Neighbourhood
- Port Stanley
More
- Price per sq ft
- ~$396 (at 2,250 sq ft)
- Listed
- Aug 8, 2026 · 66 days ago
- MLS® number
- X13654564
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The home and its surroundings
- Separate Hydro Meter
- Upgraded Insulation
- Arts Centre
- Beach
- Lake Access
- Park
- School Bus Route
- Deck
- Porch
- Patio
- Landscaped
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
331 Erie Street, Central Elgin, ON N5L 1E3
Port Stanley, Central Elgin · Near William St
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Listing history for 331 Erie Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 331 Erie Street
Answers come straight from this home’s MLS® listing.
How much is 331 Erie Street listed for, and what would it cost each month?
331 Erie Street is listed for $890,000. With 20% down ($178,000), the mortgage payment would be roughly $3,590 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,974 a month, all in. That figure is an illustration, not a quote.
Is 331 Erie Street freehold or a condo, and is there a monthly fee?
331 Erie Street is a 1 1/2 storey in Port Stanley, Central Elgin. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 331 Erie Street have?
331 Erie Street has 5 bedrooms and 3 bathrooms.
Does 331 Erie Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 4 cars. The driveway adds 6 spaces. In total the listing counts 10 parking spaces.
Does 331 Erie Street have a finished basement?
The listing describes the basement as full, unfinished, crawl space.
What style of home is 331 Erie Street?
331 Erie Street is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 331 Erie Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 66 x 132 ft.
How is 331 Erie Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 331 Erie Street?
Property taxes are $4,613 a year (2025), or about $384 a month.
Where is 331 Erie Street?
331 Erie Street is in the Port Stanley community of Central Elgin. The nearest main intersection is William St. The postal code is N5L 1E3.
How long has 331 Erie Street been on the market?
331 Erie Street was listed on August 8, 2026. It has been on the market for 66 days. It is an active listing (MLS® X13654564). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 331 Erie Street asking?
Similar bungalow-style homes for sale nearby right now include 357 Sunset Drive at $685,000 (3 bed), 92 The Promenade at $899,900 (3 bed) and 324 Carlow Road at $729,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 331 Erie Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 331 Erie Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Port Stanley, picked by style, size and price.
1 1/2 storey$685,000357 Sunset Drive, Central Elgin3 bed · 2 bath · Rural Central ElginCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Bungalow$899,90092 The Promenade, Central Elgin3 bed · 3 bath · Port StanleyCourtesy of: BLUE FOREST REALTY INC.View home →
Bungalow$729,900324 Carlow Road, Central Elgin3 bed · 2 bath · Port StanleyCourtesy of: RE/MAX CENTRE CITY REALTY INCView home →Courtesy of: CENTURY 21 FIRST CANADIAN CORP
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.