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$629,900
Available - For Sale
Listing ID: X13074006
Step into a piece of Port Elgin history with this unique investment opportunity at 473 Market Street. Originally built in 1895, this character-filled property has been converted into four separate rental units, offering immediate income potential and long-term upside. The building features two one-bedroom apartments, a two-bedroom, and a spacious three-bedroom apartment - appealing to a wide range of tenants. Three of the units come fully furnished and all appliances. Heated with a gas hot water boiler system. There have been many updates throughout the last several years, including some newer windows, deck, boiler (2018), new roof (2022), several cosmetic updates with kitchens, plus facia, soffit and gutters. This property has been well maintained. Ideally located in the heart of town, and just a short walk to Port Elgin's vibrant downtown, local shops, restaurants, and the beautiful sandy beach along Lake Huron. Tenants will appreciate the convenience and lifestyle this central location offers. Port Elgin continues to see strong rental demand, driven in part by ongoing and future projects at Bruce Power. With major refurbishment work and workforce expansion planned over the coming years, the area is expected to attract a steady influx of skilled workers and professionals- along with our tourism sector, making this a smart addition to any investment portfolio. Whether you're looking to expand your real estate holdings or secure a multi-unit property in a growing community, this rare offering combines historic charm, multiple income streams, and a prime location in one of Bruce County's most desirable markets.
Price $629,900
Taxes: $5,215.32
Assessment Year: 2025
Occupancy by: Tenant
Address: 473 Market Street , Saugeen Shores, N0H 2C2, Bruce
Acreage: < .50
Directions/Cross Streets: Market and Kaake Street
Rooms: 23
Bedrooms: 7
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Apartment
Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 14.50 12.56
Room 2: Main Kitchen 14.40 9.22
Room 3: Main Bedroom 14.50 10.00
Room 4: Main Bathroom 6.92 8.59
Room 5: Upper Kitchen 8.00 14.24
Room 6: Upper Living Ro 11.58 15.09
Room 7: Upper Bedroom 8.50 10.82
Room 8: Upper Bathroom 6.92 8.56
Room 9: Upper Bedroom 15.32 11.68
Room 10: Basement Kitchen 12.99 9.41
Room 11: Basement Living Ro 12.99 11.84
Room 12: Basement Bedroom 12.07 14.76
Room 13: Basement Bedroom 9.58 16.33
Room 14: Basement Bedroom 9.58 12.82
Room 15: Basement Laundry 10.17 6.92
No. of Pieces Level
Washroom 1 4
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Other Structures: Garden Shed
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX Land Exchange Ltd.

473 Market Street , Saugeen Shores, N0H 2C2, Bruce

Personal Picture
Maria Tompson
Sales Representative
Bus:
905-361-0512
Fax:
905-361-0853

 
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At a Glance:
Type: Freehold - Fourplex
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style: 2-Storey
Lot Size: x 159.00(Feet)
Approximate Age: 100+
Tax: $5,215.32
Maintenance Fee: $0
Beds: 7
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative pic Yte13839@gmail.com Royal LePage Example Inc, Brokerage Independently owned and operated. pic 1000 Burnhamthorpe Rd East, Mississauga, Ontario L5T 3C2 pic Office: 905-361-0512 | Fax: 905-361-0853
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