490 Mill St, Unit ##1, #2, #3, #4
Saugeen Shores, Saugeen Shores
$845,000
Buy with Dwelly and Save $8,450
Home Details
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Listing 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!
Kaake - Fridge, Stove, Dishwasher, Microwave. Mill - Fridge, Stove, Microwave. Dandelion - Fridge Stove, Dishwasher, Microwave. Walnut - Fridge Stove Microwave. Washer and Dryer in basement
City: Saugeen Shores
Neighborhood: Saugeen Shores
Property History
Rooms
Room dimensions for 490 Mill St, Unit ##1, #2, #3, #4, Saugeen Shores
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 490 Mill St#1, #2, #3, #4 is 4522
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $845000 |
| Down Payment | $169000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $676000 |
Monthly Payment
| Mortgage Payment | $4166 |
| Property Taxes | $357 |
| Maintenance Fees | $0 |
| Monthly Payment | $4522 |
About 490 Mill St, Unit ##1, #2, #3, #4, Saugeen Shores
Located at 490 Mill St Unit ##1, #2, #3, #4, this Saugeen Shores house is available for sale. This property was listed for $845,000 on Wed May 14 2025. This house's size is 3000-3500 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: Family, Living, Br, 2nd Br, Kitchen, Sunroom, Sunroom, Kitchen, Living, Br, Kitchen, Dining, Living, Br, 2nd Br, Sunroom, Kitchen, Living, Br. This property comes with 4 parking spots. 490 Mill St, Saugeen Shores is situated in the Saugeen Shores neighbourhood.
MLS#: X12146433 · $845,000 · 6 bedroom house in Saugeen Shores, Saugeen Shores