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631 Mill Street Port Elgin, Ontario N0H 2C0

6 Bedroom 4 Bathroom 3317
None Hot Water Radiator Heat Landscaped

$699,000

Looking for a fantastic investment opportunity? Look no further than this unique 3 unit rental property centrally located in the heart of Port Elgin! Situated on a 66’ x 132’ corner lot this stunning 2 storey brick home features ample parking, and prime location just a short walk away from downtown shopping. The property has been well maintained over the years, ensuring that everything is in top shape for the new owner. Economical gas hot water heating keeps carrying costs under control and best of all, with the option to live in one unit and let the rent from the other two units help pay the mortgage, you can enjoy all the benefits of homeownership without breaking the bank. But wait, there's more! In addition to its amazing residential rental potential, this property also has a Core Commercial zoning which allows for many home office or other small business uses. This means that you could run your business while supplementing your income even further. Whether you're an investor looking to add to your portfolio or a homeowner looking for a smart way to offset your mortgage payments, this property has everything you need to succeed. So why wait? See for yourself if this is the investment opportunity you've been waiting for! Don't miss out on this amazing opportunity to invest in Saugeen Shores. (id:30843)

Property Details

MLS® Number 40410449
Property Type Multi-family
Amenities Near By Beach, Golf Nearby, Marina, Place Of Worship, Schools, Shopping
Communication Type Fiber
Equipment Type Water Heater
Features Southern Exposure, Corner Site, Golf Course/parkland, Beach, In-law Suite
Parking Space Total 5
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 4
Bedrooms Total 6
Appliances Water Meter
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Constructed Date 1900
Cooling Type None
Exterior Finish Aluminum Siding, Brick, Stucco
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 3317
Type Triplex
Utility Water Municipal Water

Parking

Carport

Land

Access Type Road Access
Acreage No
Land Amenities Beach, Golf Nearby, Marina, Place Of Worship, Schools, Shopping
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 66 Ft
Size Total Text Under 1/2 Acre
Zoning Description Cc - Core Commercial

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/25519797/631-mill-street-port-elgin

Interested?

Contact us for more information


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Douglas Johnston
Broker of Record

(519) 386-7734
(519) 797-2631
www.dcjohnstonrealty.com/

Royal LePage D C Johnston Realty Brokerage
200 High St
Southampton, Ontario N0H 2L0

(519) 797-5544
(519) 797-2631
www.dcjohnstonrealty.com
https://www.facebook.com/RoyalLepageDCJohnstonRealty
https://twitter.com/RLPDCJohnston
https://www.linkedin.com/company/royal-lepage-dc-johnston-realty/

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