322 days on market
Virtual Tour360°
$845,000

490 Mill Street, Unit ##1, #2, #3, #4
Sold

Saugeen Shores

6 Bed|4 Bath|Yes|322 days on market

$845,000

Buy with Dwelly and Save

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$357 / month
Total Parking Spots
4
Garage Spaces
4
Furnished
No
Move-in Date
Immediate
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Unfinished
Fireplace
N
Air Conditioning
Other
Central Vaccum
No
Exterior
Brick
Zoning
R1
Sewer
Sewer
Property Type
Residential Freehold
Give Money

Buy with Dwelly and save

Refunds vary by sale price, market and are subject to a minimum commission. Please get in touch and read the Refund Terms and Conditions to learn more.

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!

Mortgage Calculator

Your estimated monthly payment for 490 Mill Street#1, #2, #3, #4 is 4,522

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$845,000
Down Payment$169,000
Mortgage Insurance$0
Total Mortgage$676,000

Monthly Payment


Mortgage Payment$4,166
Property Taxes$357
Maintenance Fees$0
Monthly Payment$4,522
$4,522
monthly

About 490 Mill Street, Unit ##1, #2, #3, #4, Saugeen Shores

Located at 490 Mill Street Unit ##1, #2, #3, #4, this Saugeen Shores house is available for sale. This property was listed for $845,000 on Thu Oct 30 2025. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 4 parking spots.


MLS#: undefined · $845,000 · 6 bedroom house in Saugeen Shores