$699,900
$699,900
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5 Beds
3 Baths
SOLD DATE : 05/23/2025
Key Details
Sold Price $699,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Saugeen Shores
MLS Listing ID X12087823
Sold Date 05/23/25
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,075
Tax Year 2024
Property Sub-Type Duplex
Property Description
DUPLEX!!!! _ Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex, multi family, generational home features two well-appointed two-bedroom units and a unique back addition currently operating as a hair salon and could be used as a third bedroom etc. The additional commercial unit presents the potential to expand into the lower apartment, offering flexible space for a business or an additional rental income stream.This property is zoned for both residential and commercial use, spanning a generous 2132 square feet. Each unit is equipped with separate hydro meters, supporting a consistent rental income from both weekly and monthly tenants. The duplex can also be transformed into a magnificent single-family residence, allowing you to create a personalized dream home. Recent updates to the roof, A.C., and furnace with a HEPA filter within the last five to seven years provide peace of mind and reduce maintenance concerns. Situated on a picturesque corner lot, the property is enveloped by lush, beautiful gardens. The side lot offers space for a legal unit that can be built to rent or live in, with an approved severance by adding two services and can be sold separately down the road. Do not miss your chance to explore this incredible property before it's gone. Your dream investment awaits.
Location
Province ON
County Bruce
Community Saugeen Shores
Area Bruce
Zoning R2
Rooms
Basement Crawl Space, Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment, Water Heater Owned, Separate Hydro Meter, Primary Bedroom - Main Floor, In-Law Suite, Carpet Free
Cooling Central Air
Exterior
Exterior Feature Deck, Landscaped, Porch
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Foundation Stone
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