684 Gustavus ST new Save Request In-Person Tour Request Virtual Tour
Saugeen Shores,ON N0H 2C0
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Saugeen Shores
MLS Listing ID X11963421
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,075
Tax Year 2024
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.
Location
Province ON
County Bruce
Community Saugeen Shores
Area Bruce
Zoning R2
Rooms
Basement Crawl Space,Unfinished
Kitchen 2
Interior
Interior Features Carpet Free,Guest Accommodations,In-Law Suite,Primary Bedroom - Main Floor,Accessory Apartment,Separate Hydro Meter,Separate Heating Controls
Cooling Central Air
Fireplaces Type Freestanding
Inclusions Washer, Dryer, 2x Fridge, 2x Stove, Hair salon equipment is included if buyer wants it.
Exterior
Exterior Feature Deck,Porch,Privacy
Parking Features None
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Stone