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#1, #2, #3, #4 490 Mill Street
Saugeen Shores Bruce N0H 2C0

$845,000
Residential Freehold beds: 6 baths: 4.0

Main Photo: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 1: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 2: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 3: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 4: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 5: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 6: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 7: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 8: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 9: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 10: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 11: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 12: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Photo 13: #1, #2, #3, #4 490 Mill Street in Bruce: Saugeen Shores House for sale : MLS®# X12146433
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12146433
Bedrooms:
6
Bathrooms:
4
Attention Investors! Seize a unique opportunity in Port Elgin with this fully tenanted fourplex nestled within a distinguished century home. This property features an ideal unit mix of two spacious two-bedroom units and two well-appointed one-bedroom units, providing a diversified income stream. Benefit from the convenience of on-site shared laundry and included parking for all tenants. Currently generating a $5000 per month, this property offers immediate cash flow. Adding significant value, both one-bedroom units have been recently renovated. The main floor units boast impressive 12-foot ceilings and the home's historic detailing shines through, including stunning original wooden pocket doors dividing the living and dining spaces. This home holds so much character - it could be beautifully restored to its former glory, all while capitalizing on consistent rental income. Don't miss out on this prime investment in a desirable location within our growing community!
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Approx. Age:
100+
Total Approx Floor Area:
3000-3500
Lot Size:
<.50
Depth:
132'
Frontage:
66'
Lot Shape:
Rectangular
Direction Faces:
South
Bedrooms:
6
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
6
Kitchens Above Grade:
4
Rooms Above Grade:
19
Ensuite Laundry:
No
Zoning:
R1
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Shingles
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Barn
Parking Features:
Unreserved, Available
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2024
Taxes:
$4,279 / 2024
Assessment:
$- / 2024
Saugeen Shores
Saugeen Shores
Bruce
Separate Hydro Meter
Porch
Kaake - Fridge, Stove, Dishwasher, Microwave. Mill - Fridge, Stove, Microwave. Dandelion - Fridge Stove, Dishwasher, Microwave. Walnut - Fridge Stove Microwave. Washer and Dryer in basement
All tenant belongings
Brick
Floor
Type
Size
Other
Main
Family Room
15'4¼" × 15'4"
Main
Living Room
15'3½" × 14'2"
Main
Bedroom
9'10" × 8'11"
Main
Bedroom 2
14'5" × 12'2"
Main
Kitchen
13'11" × 10'4"
Main
Sunroom
19'7" × 9'¼"
Main
Sunroom
14'8" × 5'8"
Main
Kitchen
11'1½" × 8'4"
Main
Living Room
14' × 13'7"
Main
Bedroom
12'3" × 8'6¾"
Second
Kitchen
13' × 6'8"
Second
Dining Room
12'10" × 9'7"
Second
Living Room
12'11⅛" × 12'11⅛"
Second
Bedroom
11'5" × 11'4"
W/O To Balcony
Second
Bedroom 2
11'10" × 11'7"
Second
Sunroom
19'11" × 9'¼"
Second
Kitchen
13'9" × 7'5"
Second
Living Room
13'11" × 13'5"
Second
Bedroom
11'8½" × 11'5"
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Other
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Level:
Lower Level
Date Listed:
May 14, 2025
Original Price:
Previous Price:
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Virtual Tour

Listed by Royal LePage D C Johnston Realty
Data was last updated May 14, 2025 at 08:15 PM (UTC)
ANDREW JOHN COCKS
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