490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0
Saugeen Shores
Attention Investors! Seize a unique opportunity in Port Elgin with this fully tenanted fourplex nestled within a distinguished century home. This property features an ideal unit mix of two spacious two-bedroom units and two well-appointed one-bedroom units, providing a diversified income stream. Benefit from the convenience of on-site shared laundry and included parking for all tenants. Currently generating a $5000 per month, this property offers immediate cash flow. Adding significant value, both one-bedroom units have been recently renovated. The main floor units boast impressive 12-foot ceilings and the home's historic detailing shines through, including stunning original wooden pocket doors dividing the living and dining spaces. This home holds so much character - it could be beautifully restored to its former glory, all while capitalizing on consistent rental income. Don't miss out on this prime investment in a desirable location within our growing community!
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X12146433
Listed by Royal LePage D C Johnston Realty
On market since May 14, 2025
What comparable homes actually sold for in the last 12 months.
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is listed for $799,900 CAD.
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 has 6 bedrooms and 4 bathrooms.
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is a Fourplex.
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is in Saugeen Shores, Ontario.
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is currently for sale.
Contact Maria Zaretchnev to arrange a private showing of 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 (MLS# X12146433). You can also send a message through the contact form on this site.
