684 GUSTAVUS STREET, Saugeen Shores, Ontario
$699,900
- 5 Beds
- 3 Baths
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. (id:23309)
- Listing ID: X12087823
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 684 GUSTAVUS STREET in Saugeen Shores Ontario. It was last modified on May 1st, 2025. Contact Delbert Williams to schedule a viewing or to discover other Saugeen Shores real estate for sale.