Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
6 Beds
4 Baths

C$799,900

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

Property typeMulti-family

Overview

Active

Price Change

Listed May 14, 2025

Updated 28h ago

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!

Additional information

MLS® ID
X12146433

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Taxes
$4,672
Tax Frequency
Annually

 

Courtesy of Listed by , Royal LePage D C Johnston Realty,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 11:16 PM UTC, 10/12/2026

 

Powered by Luxury Presence