$1,900,000
Unlock Price Rating!

218 Joseph Street, Central Elgin (port Stanley), ON N5L1C4

 Contact
- Beds
4 Baths
4,548 Sq Ft

Rare opportunity to acquire a landmark, income-producing property in the heart of Port Stanley's downtown core. The former Port Stanley Fire Hall has been extensively redeveloped into a modern commercial marketplace with an executive residential apartment above, creating a unique and diversified investment asset.The building comprises approximately 4, 548 sq. ft., including 3, 019 sq. ft. of main-floor commercial space and a 1, 529 sq. ft. two-bedroom residential apartment on the second level. Originally constructed in 1974, the property has undergone over $1, 000, 000 in recent capital improvements, effectively replacing all major building components and delivering a near-new condition asset.The main floor is 100% leased as a curated marketplace, featuring a central corridor layout with multiple vendor stalls, excellent pedestrian flow, providing walk-up access, and upgraded common areas including men's and women's washrooms. The space has been thoughtfully designed to support long-term tenancy, flexibility, and strong foot traffic.The upper-level apartment offers two bedrooms, two bathrooms, an open-concept kitchen with island, quality appliances, living area, private entrance, gas fireplace and a private outdoor terrace with gas BBQ. Finishes are modern and professional, suitable for executive or long-term rental occupancy. Mechanical and electrical upgrades include 400-amp service, multiple hydro meters, generator, new HVAC systems, new roof, new plumbing, accessibility improvements, and new stormwater pipe. The property is zoned B1 (Business Zone) and benefits from exceptional exposure to both pedestrian and vehicular traffic in Port Stanley's central business district.This is a stabilized, income-generating investment with additional upside through tenant turnover, rental optimization, and long-term appreciation in one of Southwestern Ontario's most sought-after waterfront communities. Financial information available upon execution of a confidentiality agreement. (id:58753)

Listing By: JAMES MCGUIRE - THRIVE REALTY GROUP INC. cncrea2 Realty.com
  • MLS® X12794042
  • Date Listed02/17/2026
  • Days on Realty 110 Days
  • Bedrooms -
  • Bathrooms 4 baths
  • Lot Size 4,704 sq. ft
  • Property Type Other
  • Water Public
  • Square Feet 4,548 sq. ft
  • Price Per Sq. Ft $417.77

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas, Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 4,704.48
  • Lot Features -

Directions

Cross Streets: JOSEPH STREET & COLBORNE STREET. ** Directions: LOCATED AT THE CORNER OF COLBORNE STREET & JOSEPH STREET.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N5L1C4

Discover key demographics, population statistics, and environmental insights for the Central Elgin (port Stanley), ON area.

Walkability in ON / N5L1C4

Source: Walk Score

46/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

32/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 21/100.

Points of Interest near 218 JOSEPH STREET, Central Elgin (Port Stanley), ON N5L1C4

Frequently Asked Questions for 218 JOSEPH STREET

Source: Realty.com

218 JOSEPH STREET, Central Elgin (Port Stanley), ON N5L1C4 in Central Elgin (Port Stanley), ON N5L1C4 is a other listed at $1,900,000. Highlights include 4 bathrooms, 4,548 sq. ft., $418 per sq. ft.. Realty.ca has 49 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 49 photos of 218 JOSEPH STREET.

The full address for this home is 218 JOSEPH STREET, Central Elgin (Port Stanley), ON N5L1C4.

218 JOSEPH STREET has been listed on Realty.com since Tue February 17, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 21/100.

Listing provided courtesy of: THRIVE REALTY GROUP INC.
Listing agent: JAMES MCGUIRE

This content last refreshed on 2026-06-07 10:51:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.