#1, #2, #3, #4 - 490 Mill Street, Saugeen Shores, Ontario N0H 2C0 (28308494)

#1, #2, #3, #4 - 490 Mill Street Saugeen Shores, Ontario N0H 2C0

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$845,000

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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! (id:49605)

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Property Details

Price	$845,000
Bedroom(s)	6
Bathroom(s)	4
Property Type	Multi-family

#1, #2, #3, #4 - 490 Mill Street Saugeen Shores, Ontario N0H 2C0

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Last Updated
October 22 2025 11:39:52

Data Provider
The Lakelands Association of REALTORS®

Listing Office
Royal LePage D C Johnston Realty

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Property Details

Price

$845,000

Bedroom(s)

Bathroom(s)

Property Type

Multi-family

Building

Bathroom Total

Bedrooms Above Ground

Bedrooms Total

Age

100+ Years

Amenities

Separate Electricity Meters

Appliances

Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Basement Development

Unfinished

Basement Type

N/a (unfinished)

Exterior Finish

Brick

Foundation Type

Stone

Heating Fuel

Natural Gas

Heating Type

Forced Air

Stories Total

Size Interior

3,000 - 3,500 Ft²

Type

Fourplex

Utility Water

Municipal Water

Parking

No Garage

Shared

Land

Acreage

Sewer

Sanitary Sewer

Size Depth

132 Ft

Size Frontage

66 Ft

Size Irregular

66 X 132 Ft

Size Total Text

66 X 132 Ft|under 1/2 Acre

Zoning Description

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen	3.96 m	2.03 m	3.96 m x 2.03 m
Second Level	Dining Room	3.92 m	2.91 m	3.92 m x 2.91 m
Second Level	Living Room	3.94 m	3.94 m	3.94 m x 3.94 m
Second Level	Bedroom	3.45 m	3.47 m	3.45 m x 3.47 m
Second Level	Bedroom 2	3.53 m	3.61 m	3.53 m x 3.61 m
Second Level	Sunroom	2.75 m	6.06 m	2.75 m x 6.06 m
Second Level	Kitchen	2.25 m	4.2 m	2.25 m x 4.2 m
Second Level	Living Room	4.1 m	4.24 m	4.1 m x 4.24 m
Second Level	Bedroom	3.48 m	3.57 m	3.48 m x 3.57 m
Main Level	Family Room	4.67 m	4.68 m	4.67 m x 4.68 m
Main Level	Living Room	4.66 m	4.32 m	4.66 m x 4.32 m
Main Level	Bedroom	2.71 m	3 m	2.71 m x 3 m
Main Level	Bedroom 2	4.39 m	3.7 m	4.39 m x 3.7 m
Main Level	Kitchen	3.16 m	4.24 m	3.16 m x 4.24 m
Main Level	Sunroom	2.75 m	5.97 m	2.75 m x 5.97 m
Main Level	Sunroom	1.73 m	4.48 m	1.73 m x 4.48 m
Main Level	Kitchen	2.53 m	3.39 m	2.53 m x 3.39 m
Main Level	Living Room	4.15 m	4.26 m	4.15 m x 4.26 m
Main Level	Bedroom	2.61 m	3.73 m	2.61 m x 3.73 m

Level

Type

Length

Width

Dimensions

Second Level

Kitchen

3.96 m

2.03 m

3.96 m x 2.03 m

Second Level

Dining Room

3.92 m

2.91 m

3.92 m x 2.91 m

Second Level

Living Room

3.94 m

3.94 m x 3.94 m

Second Level

Bedroom

3.45 m

3.47 m

3.45 m x 3.47 m

Second Level

Bedroom 2

3.53 m

3.61 m

3.53 m x 3.61 m

Second Level

Sunroom

2.75 m

6.06 m

2.75 m x 6.06 m

Second Level

Kitchen

2.25 m

4.2 m

2.25 m x 4.2 m

Second Level

Living Room

4.1 m

4.24 m

4.1 m x 4.24 m

Second Level

Bedroom

3.48 m

3.57 m

3.48 m x 3.57 m

Main Level

Family Room

4.67 m

4.68 m

4.67 m x 4.68 m

Main Level

Living Room

4.66 m

4.32 m

4.66 m x 4.32 m

Main Level

Bedroom

2.71 m

3 m

2.71 m x 3 m

Main Level

Bedroom 2

4.39 m

3.7 m

4.39 m x 3.7 m

Main Level

Kitchen

3.16 m

4.24 m

3.16 m x 4.24 m

Main Level

Sunroom

2.75 m

5.97 m

2.75 m x 5.97 m

Main Level

Sunroom

1.73 m

4.48 m

1.73 m x 4.48 m

Main Level

Kitchen

2.53 m

3.39 m

2.53 m x 3.39 m

Main Level

Living Room

4.15 m

4.26 m

4.15 m x 4.26 m

Main Level

Bedroom

2.61 m

3.73 m

2.61 m x 3.73 m

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