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490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 — photo 1
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 — photo 2
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 — photo 3
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 — photo 4

$845,000

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

Saugeen Shores

Bedrooms
6
Bathrooms
4
Parking
4
Type
Fourplex
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About this listing

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!

Walkability

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Walkability, transit, and bike-friendliness for 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# X12146433

Listed by Royal LePage D C Johnston Realty

On market since May 14, 2025

About 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0

How much is 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0?

490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is listed for $845,000 CAD.

How many bedrooms and bathrooms does 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 have?

490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 has 6 bedrooms and 4 bathrooms.

What type of property is 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0?

490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is a Fourplex.

What neighbourhood is 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 in?

490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is in Saugeen Shores, Ontario.

Is 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 for sale or for rent?

490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 is currently for sale.

How do I book a showing for 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0?

Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 (MLS# X12146433). You can also send a message through the contact form on this site.