623/625 Elgin Street Saugeen Shores, ON N0H 2C0
Listing Courtesy of: TORONTO IDX / Wilfred Mcintee & Co Limited

  623/625 Elgin Street Saugeen Shores, ON N0H 2C0

Active
$1,200,000
8
BED
4
BATH
3500-5000
SQFT

Description

Exceptional investment opportunity with this meticulously maintained 4-plex income property in the heart of Port Elgin! This fully tenanted, all-brick building generates a steady gross income and is ideally located just one block from downtown, ensuring high demand and ease of rental. Situated on a beautifully landscaped 66ft x 132ft lot, the property features a charming wrought-iron fenced courtyard at the front, enhancing its curb appeal, and a fenced rear yard offering a shared outdoor space for tenants. Each of the four spacious apartments features 2 bedrooms and 1 bathroom, with three units equipped with convenient in-suite laundry. The building is efficiently heated with hot water radiant baseboards, complemented by cozy natural gas fireplaces in three units. While rents are currently all-inclusive, the presence of four separate hydro meters allows for a seamless transition to individual metering, offering potential for improved ROI in the future. Additional amenities include dedicated parking for each unit accessible via the rear lane, as well as a detached double garage with in-floor hot water heating and a 2-piece washroom. This versatile garage space is perfect for personal storage, a workshop, or even potential additional rental income. The property and grounds have been lovingly maintained, reflecting years of careful stewardship. This outstanding income property is a must-see for savvy investors seeking a reliable, turnkey opportunity in a prime location!

MLS®:
X12182315
Taxes
$2,953(2024)
Type
Multifamily
Style
2-Storey
County
Bruce County
Community
Saugeen Shores

Listed By

Wilfred Mcintee & Co Limited
Source
TORONTO IDX
Last checked Jun 7 2025 at 7:34 PM GMT+0000
Bathroom Details
Interior Features
  • None
Property Features
  • Fireplace: Natural Gas
  • Fireplace: Freestanding
  • Fireplace: Fireplace Insert
  • Foundation: Unknown
  • Foundation: Stone
Heating and Cooling
  • Radiant
  • None
Basement Information
  • Partial Basement
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Membrane
  • Roof: Flat
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Detached
Parking
  • Lane
Stories
  • 2
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/7/25 12:34