684 Gustavus ST Active

Saugeen Shores,ON N0H 2C0

$ 850000

4 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Saugeen Shores

MLS Listing ID X11963421

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,075

Tax Year 2024

Property Sub-Type Detached

Property Description

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.

Location

State ON

County Bruce

Community Saugeen Shores

Area Bruce

Rooms

Family Room Yes

Basement Crawl Space,Unfinished

Kitchen 2

Interior

Interior Features Carpet Free,Guest Accommodations,In-Law Suite,Primary Bedroom - Main Floor,Accessory Apartment,Separate Hydro Meter,Separate Heating Controls

Cooling Central Air

Fireplaces Type Freestanding

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Deck,Porch,Privacy

Parking Features Private Triple,Lane,Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.85

Lot Depth 132.0

Total Parking Spaces 6

Building

Unit Features Arts Centre,Golf,Hospital,Lake/Pond,Marina,Rec./Commun.Centre

Foundation Stone

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

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