86 days on Market

490 Mill St #1, #2, #3, #4, Saugeen Shores, Ontario N0H 2C0

Townhouse
6
4
~3000-3500 sqft
$845,000
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Townhouse
6
4
~3000-3500 sqft

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Highlights

Property Estimate

Days on market86 days

Estimated valueNot available

Price/Sqft$261/sqft

Monthly cost

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Description

Attention Investors! Seize a unique opportunity in Port Elgin with this fully tenanted fourplex nestled within a distinguished century home. This property features an ideal unit mix of two spacious two-bedroom units and two well-appointed one-bedroom units, providing a diversified income stream. Benefit from the convenience of on-site shared laundry and included parking for all tenants. Currently generating a $5000 per month, this property offers immediate cash flow. Adding significant value, both one-bedroom units have been recently renovated. The main floor units boast impressive 12-foot ceilings and the home's historic detailing shines through, including stunning original wooden pocket doors dividing the living and dining spaces. This home holds so much character - it could be beautifully restored to its former glory, all while capitalizing on consistent rental income. Don't miss out on this prime investment in a desirable location within our growing community!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3000-3500 SqFt
Lot Size8,712 SqFt(132 x 66)
Parking Spaces4
MLS ®NumberX12146433
Community NameSaugeen Shores
Data SourceTRREB
Listing byRoyal LePage D C Johnston Realty

Features

Heating: Forced Air
Cooling: Other
Basement: Unfinished

2nd Floor

Br

3.45 x 3.47

W/O To Balcony

2nd Br

3.53 x 3.61

Sunroom

2.75 x 6.06

Kitchen

3.96 x 2.03


Features

Lot size: 8,712 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 14, 2025
ListedActive
$845,000
86 days on market
history photo preview13
Listing by trreb®
Property listed by Royal LePage D C Johnston Realty, Brokerage
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Market Data - Saugeen Shores

Geo Zone Map ThumbnailSaugeen Shores

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

161 days

2023

72 days

2022

95 days

New Listings

Past 30 days

4 listings

Compared to

2024

8 listings

2023

5 listings

2022

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

4 units

2023

1 unit

2022

2 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$569,950

2023

$660,000

2022

$677,235


Population and Demographics

Overview

Total population 15778
Average household income $156,249

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget