Saugeen Shores ON, N0H 2C0
Property Information:
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! (id:27)
Building Features:
- Style: Multiplex
- Building Type: Fourplex
- Amenities: Separate Hydro Meters
- Basement Development: Unfinished
- Basement Type: N/A
- Exterior Finish: Brick
- Floor Space: 3000 - 3500 sqft
- Foundation Type: Stone
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 6
- Bathrooms: 4
- Floor Space (approx): 3000 - 3500 Square Feet
- Irregular: Yes
- Lot Depth: 132.0 Feet
- Lot Frontage: 66.0 Feet
- Lot Size: 66 x 132 FT
- Structure Type: Porch, Barn
- Zoning: R1
- Sewer: Sanitary sewer
- Parking Type: No Garage, Shared
- No. of Parking Spaces: 4
Rooms:
- Kitchen 2nd Level 3.96 m x 2.03 m 12.99 ft x 6.66 ft
- Dining 2nd Level 3.92 m x 2.91 m 12.86 ft x 9.55 ft
- Living 2nd Level 3.94 m x 3.94 m 12.93 ft x 12.93 ft
- Bedroom 2nd Level 3.45 m x 3.47 m 11.32 ft x 11.38 ft
- 2nd Bedroom 2nd Level 3.53 m x 3.61 m 11.58 ft x 11.84 ft
- Sun Room 2nd Level 2.75 m x 6.06 m 9.02 ft x 19.88 ft
- Kitchen 2nd Level 2.25 m x 4.20 m 7.38 ft x 13.78 ft
- Living 2nd Level 4.10 m x 4.24 m 13.45 ft x 13.91 ft
- Bedroom 2nd Level 3.48 m x 3.57 m 11.42 ft x 11.71 ft
- Family Main Level 4.67 m x 4.68 m 15.32 ft x 15.35 ft
- Living Main Level 4.66 m x 4.32 m 15.29 ft x 14.17 ft
- Bedroom Main Level 2.71 m x 3.00 m 8.89 ft x 9.84 ft
- 2nd Bedroom Main Level 4.39 m x 3.70 m 14.40 ft x 12.14 ft
- Kitchen Main Level 3.16 m x 4.24 m 10.37 ft x 13.91 ft
- Sun Room Main Level 2.75 m x 5.97 m 9.02 ft x 19.59 ft
- Sun Room Main Level 1.73 m x 4.48 m 5.68 ft x 14.70 ft
- Kitchen Main Level 2.53 m x 3.39 m 8.30 ft x 11.12 ft
- Living Main Level 4.15 m x 4.26 m 13.62 ft x 13.98 ft
- Bedroom Main Level 2.61 m x 3.73 m 8.56 ft x 12.24 ft
Convert Measurement to:
⚠ Potential Investment Performance
There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation
Market Price Trends
Location of #1, #2, #3, #4 - 490 MILL STREET, Saugeen Shores, Ontario, N0H 2C0
Demographic Information of #1, #2, #3, #4 - 490 MILL STREET, Saugeen Shores, Ontario, N0H 2C0
Life Stage
Midlife FamiliesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$119,304.13Average Number of Children
1.55Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
13.99 %High school certificate or equivalent
30.41 %Apprenticeship trade certificate/diploma
10.79 %College/non-university certificate
26.35 %University certificate (below bachelor)
1.41 %University Degree
17.05 %Commuter
Travel To Work
By Car
82.4 %By Public Transit
0.0 %By Walking
11.97 %By Bicycle
1.82 %By Other Methods
3.81 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
21.4 %Houses
78.6 %