473 Market Street Saugeen Shores, Ontario N0H 2C2
$629,900
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. (id:62379)
Property Details
| MLS® Number | X13074006 |
| Property Type | Multi-family |
| Community Name | Saugeen Shores |
| Parking Space Total | 6 |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Age | 100+ Years |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a, N/a (finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 159 Ft |
| Size Frontage | 57 Ft ,1 In |
| Size Irregular | 57.1 X 159 Ft |
| Size Total Text | 57.1 X 159 Ft|under 1/2 Acre |
| Zoning Description | R2-9 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Living Room | 3.96 m | 3.61 m | 3.96 m x 3.61 m |
| Basement | Bedroom | 3.68 m | 4.5 m | 3.68 m x 4.5 m |
| Basement | Bedroom | 2.92 m | 4.98 m | 2.92 m x 4.98 m |
| Basement | Bedroom | 2.92 m | 3.91 m | 2.92 m x 3.91 m |
| Basement | Laundry Room | 3.1 m | 2.11 m | 3.1 m x 2.11 m |
| Basement | Bathroom | 2.08 m | 2.26 m | 2.08 m x 2.26 m |
| Basement | Kitchen | 3.96 m | 2.87 m | 3.96 m x 2.87 m |
| Main Level | Living Room | 4.42 m | 3.83 m | 4.42 m x 3.83 m |
| Main Level | Kitchen | 4.39 m | 2.81 m | 4.39 m x 2.81 m |
| Main Level | Bedroom | 4.42 m | 3.05 m | 4.42 m x 3.05 m |
| Main Level | Bathroom | 2.11 m | 2.62 m | 2.11 m x 2.62 m |
| Upper Level | Living Room | 4.16 m | 4 m | 4.16 m x 4 m |
| Upper Level | Bedroom | 4.2 m | 2.4 m | 4.2 m x 2.4 m |
| Upper Level | Bathroom | 1.52 m | 2.74 m | 1.52 m x 2.74 m |
| Upper Level | Kitchen | 2.44 m | 4.34 m | 2.44 m x 4.34 m |
| Upper Level | Living Room | 3.53 m | 4.6 m | 3.53 m x 4.6 m |
| Upper Level | Bedroom | 2.59 m | 3.3 m | 2.59 m x 3.3 m |
| Upper Level | Bathroom | 2.11 m | 2.61 m | 2.11 m x 2.61 m |
| Upper Level | Bedroom | 4.67 m | 3.56 m | 4.67 m x 3.56 m |
https://www.realtor.ca/real-estate/29690853/473-market-street-saugeen-shores-saugeen-shores
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May 02 2026 05:31:16
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