1 day on Market

228 Palmerston St, Saugeen Shores, Ontario N0H 2L0

Townhouse
6 + 2
5
- sqft
$879,000
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Townhouse
6 + 2
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,775/mo

Tax Amount (2024)$4,688/yr

Days On Market1 day


Description

Centrally located 4 plex on--site parking and separate entrances. Well maintained building close to downtown Southampton, the Coliseum, Art School and the sparkling shores of Lake Huron. 4 residential units with potential to split the largest in 2. Three - 1 bedroom units. Apt #1 - Upper with gas fireplace and laundry. Apt #2 Lower with entry porch, BBE and laundry. Apt #3 - Middle with gas wall heater and laundry hook-up. One - 5 bedroom unit. Apt #4 - Back with 3 bedrooms up and 2 down. 2 kitchens and 2 bathroom. Main floor laundry. Forced air gas w/Central Air. In-floor radiant heat in the lower level. Private sunroom. Private entrance and split entrance offers potential to split into 2 units. There is huge income potential with this building! You decide for short or long term tenants or Live in the 5 bedroom and let the other 3 pay the expenses. Separate hydro meters. Single gas and Water meters. Cellar under the main house and middle unit is clean and dry.


Property Details

Style2-Storey
View-
Age of property100+
SqFt-
Lot Size7,920 SqFt(120 x 66)
Parking Spaces5
MLS ®NumberX12037227
Community NameSaugeen Shores
Data SourceTRREB
Listing byCentury 21 In-Studio Realty Inc.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Unfinished, Finished

Features

Lot size: 7,920 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Mar 24, 2025
ListedActive
$879,000
1 day on market
history photo preview48
Listing by trreb®
Property listed by Century 21 In-Studio Realty Inc., Brokerage
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Population and Demographics

Overview

Total population 15778
Average household income $156,249

Age (%)

65 and plus
26%
50 to 64
21%
0 to 19
20%
35 to 49
17%
20 to 34
16%

Household composition (%)

Single family
67%
Single person
30%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
92%
Others
5%
French
2%

House tenancy (%)

Owners
80%
Renters
20%

Schools and amenities

Estimated Budget