For sale 50$649,000
3+1 bed2 bath1,100–1,500 sq ft
579 Peirson Avenue
Saugeen Shores
3 months agoMLS® X13451974
Royal LePage Exchange Realty Co.
$799,900
490 Mill Street
Saugeen Shores, Ontario N0H2C0
For sale· Added
6 bed4 bath3,000–3,500 sqft
About this home
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!
Location
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Property details
Listing
- MLS® number
- X12146433
- Added
- May 14, 2025 ()
- Updated
- Jul 1, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Fourplex
- Storeys
- 2
Inside
- Bedrooms
- 6
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Building
- Basement
- Unfinished
- Exterior
- Brick
- Foundation
- Stone
- Parking
- No Garage, Shared · 4 spaces
- Amenities
- Separate Electricity Meters
Land
- Lot size
- 66 x 132 ft
- Zoning
- R1
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Mill & Kaake
- Directions
- Heading south on Goderich street, turn west on Mill street, home on the left at the corner of Mill and Kaake.
Running costs
- Annual property tax (2024)
- $4,672
Rooms
| Family room | Main level | 4.67 x 4.68 m |
| Kitchen | Second level | 3.96 x 2.03 m |
| Dining room | Second level | 3.92 x 2.91 m |
| Living room | Second level | 3.94 x 3.94 m |
| Bedroom | Second level | 3.45 x 3.47 m |
| Bedroom 2 | Second level | 3.53 x 3.61 m |
| Sunroom | Second level | 2.75 x 6.06 m |
| Kitchen | Second level | 2.25 x 4.2 m |
| Living room | Second level | 4.1 x 4.24 m |
| Bedroom | Second level | 3.48 x 3.57 m |
| Living room | Main level | 4.66 x 4.32 m |
| Bedroom | Main level | 2.71 x 3 m |
| Bedroom 2 | Main level | 4.39 x 3.7 m |
| Kitchen | Main level | 3.16 x 4.24 m |
| Sunroom | Main level | 2.75 x 5.97 m |
| Sunroom | Main level | 1.73 x 4.48 m |
| Kitchen | Main level | 2.53 x 3.39 m |
| Living room | Main level | 4.15 x 4.26 m |
| Bedroom | Main level | 2.61 x 3.73 m |
$799,900
490 Mill Street
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