35
  • X12182315
  • MLS® Number
  • Property Type
  • Fourplex, Residential
  • Acres
  • Land Area
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • Sqft
  • Area Size

623/625 ELGIN Street, Saugeen Shores, ON N0H 2C0

  • $1,100,000
  • $1,150,000

Description

Exceptional investment opportunity with this meticulously maintained 4-plex income property in the heart of Port Elgin! This fully tenanted, all-brick building generates a steady gross income and is ideally located just one block from downtown, ensuring high demand and ease of rental. Situated on a beautifully landscaped 66ft x 132ft lot, the property features a charming wrought-iron fenced courtyard at the front, enhancing its curb appeal, and a fenced rear yard offering a shared outdoor space for tenants. Each of the four spacious apartments features 2 bedrooms and 1 bathroom, with three units equipped with convenient in-suite laundry. The building is efficiently heated with hot water radiant baseboards, complemented by cozy natural gas fireplaces in three units. While rents are currently all-inclusive, the presence of four separate hydro meters allows for a seamless transition to individual metering, offering potential for improved ROI in the future. Additional amenities include dedicated parking for each unit accessible via the rear lane, as well as a detached double garage with in-floor hot water heating and a 2-piece washroom. This versatile garage space is perfect for personal storage, a workshop, or even potential additional rental income. The property and grounds have been lovingly maintained, reflecting years of careful stewardship. This outstanding income property is a must-see for savvy investors seeking a reliable, turnkey opportunity in a prime location!

Details

MLS® Number X12182315
8 Bedrooms
4 Bathrooms
Updated on September 25, 2025 at 12:15 am

Additional details

  • Roof: Membrane,Flat
  • Sewer: Sewer
  • Cooling: None
  • County: Bruce
  • Property Type: Residential
  • Pool: None
  • Parking: Lane
  • Architectural Style: 2-Storey

Address

  • Address: 623/625 ELGIN Street
  • City: Saugeen Shores
  • State/county: ON
  • Zip/Postal Code: N0H 2C0

Contact Information

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