193 River Rd
Port Stanley, Central Elgin, N5L 1G5
FOR SALE
$499,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX11972647
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Property Description
This four season cottage has been professionally painted and cleaned and is ready to go. If you want to be ready for spring now is the time to get thinking about your own little paradise in Port Stanley. A few minute walk to the West Beach makes this a nice quiet home away from home while still being close enough for that morning or evening dip. The cottage is a two bedroom, one bathroom home with a large walk-in-closet and cheater ensuite. Could also convert the closet to a smaller third bedroom if you need an extra bed. Port Stanley is a great holiday get away with boutique shops, galleries, a theater, great restaurants and of course wonderful beaches. But maybe you are just looking to downsize to a nice little one floor apartment alternative. This place is certainly one you should have a look at as it is economically priced and ready for you and your family to enjoy winter, spring, fall and especially summer when Port Stanley really shines.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-27 | 2024-07-31 | 70 | $419,900 | - | Expired |
| 2019-03-18 | 2019-06-30 | 108 | $259,900 | - | Expired |
| 2011-05-13 | 2011-08-31 | 111 | $144,900 | - | Expired |
| 2010-09-25 | 2011-04-15 | 203 | $149,900 | - | Expired |
| 2010-03-11 | 2010-09-15 | 192 | $164,900 | - | Expired |
| 2021-10-01 | 2022-01-24 | 108 | $460,000 | $410,000 | Sold |
| 2019-07-08 | 2019-09-11 | 92 | $249,900 | $252,000 | Sold |
| 2007-08-08 | 2007-08-18 | 12 | $154,900 | $150,000 | Sold |
| 2006-12-18 | 2007-01-03 | 19 | $144,900 | $140,000 | Sold |
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Property Details
Street
Community
City
Property Type
Cottage, Bungalow
Lot Size
50' x 100'
Fronting
East
Taxes
$3,740 (2024)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.48' x 20.34' | |
| Dining | Main | 6.89' x 11.81' | |
| Kitchen | Main | 7.55' x 14.76' | |
| Br | Main | 11.15' x 11.81' | |
| 2nd Br | Main | 8.20' x 11.15' | |
| Laundry | Main | 11.15' x 12.80' |
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Central Elgin Market Statistics
Central Elgin Price Trend
193 River Rd is a 2-bedroom 1-bathroom home listed for sale at $499,900, which is $146,733 (22.7%) lower than the average sold price of $646,633 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Central Elgin declined by $247,795 (27.7%) compared to the previous 30 day period (December 22 - January 20) and up $373,207 (136.5%) from the same time one year ago.Inventory Change
There were 6 2-bedroom homes listed in Central Elgin over the last 30 days (January 21 - February 19), which is up 20.0% compared with the previous 30 day period (December 22 - January 20) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Central Elgin typically sold ($8,000) (1.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $11,085 increase compared to the previous 30 day period (December 22 - January 20) and ($7,312) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Central Elgin over the last 30 days (January 21 - February 19) stood at 50.0%, down from 140.0% over the previous 30 days (December 22 - January 20) and down from 30,300.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Central Elgin stood at 64 days when successfully sold over the last 30 days (January 21 - February 19), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Initia Real Estate (Ontario) Ltd
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