490 Mill Street #1, #2, #3, #4 Saugeen Shores, ON N0H 2C0
Listing Courtesy of: TORONTO IDX / Royal Lepage D C Johnston Realty

  490 Mill Street #1, #2, #3, #4 Saugeen Shores, ON N0H 2C0

Active
$845,000
6
BED
4
BATH
3000-3500
SQFT
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Description

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!

MLS®:
X12146433
Taxes
$4,279(2024)
Type
Multifamily
Style
2-Storey
County
Bruce County
Community
Saugeen Shores

Listed By

Royal Lepage D C Johnston Realty
Source
TORONTO IDX
Last checked Jul 4 2025 at 10:34 AM EDT
Bathroom Details
Interior Features
  • Separate Hydro Meter
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Other
Basement Information
  • Unfinished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Shingles
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Unreserved
  • Available
Stories
  • 2
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/4/25 03:34

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