$850,000 FOR SALE

Detached

Bedrooms: 4Bathrooms: 2Lot: 66.83 x 132 ft

684 Gustavus Street
Saugeen Shores, ON N0H 2C0

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. (id:47423)

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Listed By EXP REALTY
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X11963421
Last Updated Feb 19, 2025
Property Summary
Property Type Detached

More like this:
Community Saugeen Shores
Price History
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Detailed Information
Bedrooms 4
Bathrooms 2
Lot 66.83 x 132 ft
Amenities Nearby Hospital, Marina
Community Features Community Centre
Features Lane, Carpet Free, Guest Suite, In-Law Suite
Listing Contract Date 2025-02-07
Location Description Hilker St
Ownership Type Freehold
# of Parking Spaces 6
Property Type Single Family
Structures Deck, Porch
Transaction Type For sale
Zoning Description R2
Building
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Dryer, Refrigerator, Stove, Washer
Basement Development Unfinished
Basement Type Crawl space (Unfinished)
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present Yes
Fireplace Type Free Standing Metal
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Living roomMain level5.08 m x 5.09 m
KitchenMain level2.87 m x 4.73 m
Primary BedroomMain level2.92 m x 3.83 m
Bedroom 2Main level3.35 m x 2.73 m
BathroomMain level1.7 m x 2.55 m
SunroomMain level4.95 m x 3.32 m
BathroomUpper Level2.97 m x 1.51 m
OtherUpper Level3.26 m x 3.1 m
KitchenUpper Level3.67 m x 4.08 m
Living roomUpper Level5.64 m x 4.18 m
Bedroom 3Upper Level3.07 m x 4.84 m
Bedroom 4Upper Level5.25 m x 1.83 m
Land
Total Size 66.9 x 132 FT
Amenities Hospital, Marina
Sewer Sanitary sewer
Size of Irregular Land 66.9 x 132 FT
Surface Water Lake/Pond

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