2 Beds 3 Bath

684 Gustavus Street, Saugeen Shores, ON N0H 2C0

Saugeen Shores N0H 2C0 Ontario

MLS: X12087823

$699,900

Added 9 days ago | For Sale

Listed by: EXP REALTY

About Property

DUPLEX!!!! _ Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex, multi family, generational home features two well-appointed two-bedroom units and a unique back addition currently operating as a hair salon and could be used as a third bedroom etc. The additional commercial 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 2132 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 side lot offers space for a legal unit that can be built to rent or live in, with an approved 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.

Features

  • House Style:Duplex
  • Bathrooms:3
  • Land Size: 66 X 132
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Hilker St/Gustavus St
  • Basement:Crawl Space,Unfinished , Crawl Space,Unfinished
  • Possession Date:30-60
  • Annual Property taxes: $3075.85
  • Bedrooms:2 +3
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12087823

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