7 Beds 4 Bath

473 Market Street, Saugeen Shores, ON N0H 2C2

Saugeen Shores N0H 2C2 Ontario

MLS: X13074006

$629,900

Added 1 hour ago | For Sale

Listed by: RE/MAX Land Exchange Ltd.

About Property

Step into a piece of Port Elgin history with this unique investment opportunity at 473 Market Street. Originally built in 1895, this character-filled property has been converted into four separate rental units, offering immediate income potential and long-term upside. The building features two one-bedroom apartments, a two-bedroom, and a spacious three-bedroom apartment - appealing to a wide range of tenants. Three of the units come fully furnished and all appliances. Heated with a gas hot water boiler system. There have been many updates throughout the last several years, including some newer windows, deck, boiler (2018), new roof (2022), several cosmetic updates with kitchens, plus facia, soffit and gutters. This property has been well maintained. Ideally located in the heart of town, and just a short walk to Port Elgin's vibrant downtown, local shops, restaurants, and the beautiful sandy beach along Lake Huron. Tenants will appreciate the convenience and lifestyle this central location offers. Port Elgin continues to see strong rental demand, driven in part by ongoing and future projects at Bruce Power. With major refurbishment work and workforce expansion planned over the coming years, the area is expected to attract a steady influx of skilled workers and professionals- along with our tourism sector, making this a smart addition to any investment portfolio. Whether you're looking to expand your real estate holdings or secure a multi-unit property in a growing community, this rare offering combines historic charm, multiple income streams, and a prime location in one of Bruce County's most desirable markets.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 57.1 X 159
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Market and Kaake Street
  • Basement:Apartment,Separate Entrance,Finished , Apartment,Separate Entrance,Finished
  • Possession Date:Flexible
  • Annual Property taxes: $5215.32
  • Bedrooms:7
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X13074006

Level Type Features Dimensions
Main Living Room 14 ft, 6 in x 12 ft, 7 in
Kitchen 14 ft, 5 in x 9 ft, 3 in
Bedroom 14 ft, 6 in x 10 ft
Bathroom 6 ft, 11 in x 8 ft, 7 in
Upper Kitchen 8 ft x 14 ft, 3 in
Living Room 11 ft, 7 in x 15 ft, 1 in
Bedroom 8 ft, 6 in x 10 ft, 10 in
Bathroom 6 ft, 11 in x 8 ft, 7 in
Bedroom 15 ft, 4 in x 11 ft, 8 in
Living Room Combined w/Kitchen 13 ft, 8 in x 13 ft, 1 in
Bedroom 13 ft, 9 in x 7 ft, 10 in
Bathroom 5 ft x 9 ft
Basement Kitchen 13 ft x 9 ft, 5 in
Living Room 13 ft x 11 ft, 10 in
Bedroom 12 ft, 1 in x 14 ft, 9 in
Bedroom 9 ft, 7 in x 16 ft, 4 in
Bedroom 9 ft, 7 in x 12 ft, 10 in
Laundry 10 ft, 2 in x 6 ft, 11 in
Bathroom 6 ft, 10 in x 7 ft, 5 in

No property rooms available.

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