684 Gustavus ST new

Saugeen Shores,ON N0H 2C0

$ 699900

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Saugeen Shores

MLS Listing ID X12087823

Style 2-Storey

Bedrooms 5

Annual Tax Amount $3,075

Tax Year 2024

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Bruce

Community Saugeen Shores

Area Bruce

Zoning R2

Rooms

Basement Crawl Space,Unfinished

Kitchen 2

Interior

Interior Features Accessory Apartment,Water Heater Owned,Separate Hydro Meter,Primary Bedroom - Main Floor,In-Law Suite,Carpet Free

Cooling Central Air

Inclusions Washer, Dryer, 2x Fridge, 2x Stove, Hair Salon Equipment

Exterior

Exterior Feature Deck,Landscaped,Porch

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Foundation Stone

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