473 Market ST, Saugeen Shores, ON N0H 2C2
473 Market ST, Saugeen Shores, ON N0H 2C2
473 Market ST, Saugeen Shores, ON N0H 2C2
473 Market ST, Saugeen Shores, ON N0H 2C2
473 Market ST, Saugeen Shores, ON N0H 2C2
473 Market ST, Saugeen Shores, ON N0H 2C2
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$ 629,900
Est. payment | /mo

7 Beds

4 Baths


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$ 629,900
Est. payment | /mo
Save

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Saugeen Shores

MLS Listing ID X13074006

Style 2-Storey

Bedrooms 7

Annual Tax Amount $5,215

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Step into a piece of Port Elgin history with this unique investment opportunity at 473 Market Street. Originally built in 1895, this character-filled property has been converted into four separate rental units, offering immediate income potential and long-term upside. The building features two one-bedroom apartments, a two-bedroom, and a spacious three-bedroom apartment - appealing to a wide range of tenants. Three of the units come fully furnished and all appliances. Heated with a gas hot water boiler system. There have been many updates throughout the last several years, including some newer windows, deck, boiler (2018), new roof (2022), several cosmetic updates with kitchens, plus facia, soffit and gutters. This property has been well maintained. Ideally located in the heart of town, and just a short walk to Port Elgin's vibrant downtown, local shops, restaurants, and the beautiful sandy beach along Lake Huron. Tenants will appreciate the convenience and lifestyle this central location offers. Port Elgin continues to see strong rental demand, driven in part by ongoing and future projects at Bruce Power. With major refurbishment work and workforce expansion planned over the coming years, the area is expected to attract a steady influx of skilled workers and professionals- along with our tourism sector, making this a smart addition to any investment portfolio. Whether you're looking to expand your real estate holdings or secure a multi-unit property in a growing community, this rare offering combines historic charm, multiple income streams, and a prime location in one of Bruce County's most desirable markets.

Location

Province ON

County Bruce

Area Bruce

Zoning R2-9

Rooms

Family Room No

Basement Apartment, Separate Entrance, Finished

Kitchen 4

Interior

Interior Features Accessory Apartment

Cooling Window Unit(s)

Inclusions All furnishings and appliances in units 1, 2 & 4. (Unit 3 -everything belongs to the tenant).

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 57.1

Lot Depth 159.0

Total Parking Spaces 6

Building

Building Age 100+

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX Land Exchange Ltd.

Nearby Locations

LiLiT Hakobyan

"My job is to  deliver more results for you when you are buying or selling your property! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge Street, Richmond Hill, ON, L4C 0T4

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473 Market ST

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