684 GUSTAVUS STREET Active

Saugeen Shores,ON N0H2C0

$ 850000

4 Beds

2 Baths

1099 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $773

Subdivision Saugeen Shores

MLS Listing ID X11963421

Bedrooms 4

Originating Board London and St. Thomas Association of REALTORS®

Property Sub-Type Freehold

Property Description

Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex features two well-appointed two-bedroom units and a unique back addition currently operating as a hair salon. The back 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 1,500 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 back area offers space for a legal unit that can be built to rent or live in, with an opportunity for future 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. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Main level 5.08 m X 5.09 m Living room

Extra Room 2 Main level 2.87 m X 4.73 m Kitchen

Extra Room 3 Main level 2.92 m X 3.83 m Primary Bedroom

Extra Room 4 Main level 3.35 m X 2.73 m Bedroom 2

Extra Room 5 Main level 1.7 m X 2.55 m Bathroom

Extra Room 6 Main level 4.95 m X 3.32 m Sunroom

Interior

Heating Forced air

Cooling Central air conditioning

Fireplaces Type Free Standing Metal

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

View More
Favorite Go Tour