Space
Finished area and layout
- Square Feet
- 1,100-1,500 sqft
- Bedrooms
- 5
- Bathrooms
- 4





Property Snapshot
MLS #X14082762
Finished area and layout
Type, style and structure
This 5-bedroom, 4-bathroom other in Saugeen Shores offers 1,100-1,500 sqft of square feet on a 132 x 132 FT lot. 1 storey. The property has zoned R2. The home features window unit(s), a unfinished basement. Highlights include a none pool.
Discover a rare opportunity to own a versatile income-producing property in a highly desirable central location in Port Elgin. Situated on a generous double lot measuring 132 ft x 132 ft, this unique property features a charming yellow brick duplex with a 2-bedroom upper unit and a one-bedroom main-level unit, plus two additional one-bedroom winterized cabins. Ample parking for all units. Offered turnkey with established rental income. Ideally located within walking distance to the main beach and just one street back from the main strip, this property offers convenient access to local restaurants, pubs, shopping, and other amenities. The prominent corner lot and substantial land size add to its appeal, presenting an exciting opportunity for investors looking to maximize rental income while exploring future redevelopment possibilities. With its combination of existing cash flow, desirable location, and generous lot size, this property offers excellent potential for a variety of investment strategies. Explore the possibilities for multi-unit residential development and townhouses, and relocate the cottages to another site, as they are suitable for additional rental units. There is the potential of up to 24 units, subject to municipal zoning, applicable regulations, and approvals. Whether you're looking to expand your rental portfolio, invest in a sought-after beachside community, or secure a property with long-term development potential, this is an opportunity you won't want to miss! (id:60351)
From Goderich St., go west on Green St.
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Land, frontage and setting
Price, taxes and monthly charges
Listed by DANIELLE MARIE SPRY, RE/MAX Land Exchange Ltd.
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Listed by DANIELLE MARIE SPRY, RE/MAX Land Exchange Ltd. · MLS# X14082762
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